Alonso-Carrera, Jaime; Raurich, Xavier - In: Journal of Economic Dynamics and Control 34 (2010) 12, pp. 2440-2460
We assert that the endowments of production factors cause cross-country differences in GDP by generating disparities in the sectoral composition. We characterize the dynamic equilibrium of a two-sector endogenous growth model with several consumption goods that are subject to minimum consumption...