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This paper constructs a multisectoral general equilibrium growth model based on Marshallian externalities. Using homogenous accumulation and production functions, an analytical solution is derived. Making use of the theory of nonnegative matrices, I discuss the properties of the model and derive...
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industries in India and examines the impact of trade liberalization on productivity. The period of the study is from 1991-92 to …The productivity growth has an important linkage with economic growth and standard of living. It not only increases … therefore public policies aim at improving productivity. This paper focusses on estimating productivity in iron-steel and cement …
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