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The Harrod-Domar growth model is extended in a way that introduces the possibility of persistent excess capacity as a potential source of slow growth. This extended model has five growth rates, which must be equal for there to be a full-employment, full-capacity dynamic equilibrium, instead of...
Persistent link: https://www.econbiz.de/10009351157
This paper begins with the presumption that rapid economic development requires an effective state. An effective state is able to act independently of powerful interest groups with the aim of allocating resources so as to maximize long-term economic growth. It will be argued that such states are...
Persistent link: https://www.econbiz.de/10009351163
This paper attempts to answer a number of questions concerning factors which influence female autonomy as measured by mobility in rural north India (Uttar Pradesh). It is hypothesized that a female autonomy outside the home is influenced by social, economic, and political factors. The results of...
Persistent link: https://www.econbiz.de/10010640627