Alvarez-Cuadrado, Francisco; Long, Ngo Van; Poschke, Markus - In: Theoretical Economics 12 (2017) 3, pp. 1229-1266
There is growing interest in multisector models that combine aggregate balanced growth, consistent with the well known … intensive in the input that becomes more abundant. As a result, growth rates of sectoral capital-labor ratios can differ and, if …