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Numerical explorations of the Ngai-Pissarides model of growth and structural change

Dietrich, Andreas; Krüger, Jens - 2010

In this paper we specialize the Ngai-Pissarides model of growth and structural change [American Economic Review 97 (2007), 429-443] to the case of three sectors, representing the primary (agriculture, mining), secondary (construction, manufacturing) and tertiary (services) sectors. On that basis...