Showing 1 - 5 of 5
Arthur Lewis' seminal 1954 paper and its emphasis on dualism appeared at a time when neither the work of Keynes or Harrod-Domar nor the later neoclassical production function of Solow seemed relevant for developing countries. As a consequence, his model, rooted in the classical tradition, plus...
Persistent link: https://www.econbiz.de/10011607423
Lewis argued that his 1954 model of economic development in a dual economy was based on the classical framework originally advanced by Smith, Malthus, Ricardo and Marx. The present paper provides a detailed investigation of how Lewis adopted and adapted classical concepts such as...
Persistent link: https://www.econbiz.de/10011694807
Persistent link: https://www.econbiz.de/10011970958
Persistent link: https://www.econbiz.de/10002222353
Persistent link: https://www.econbiz.de/10003843838