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Economic growth is driven by structural change. Structural change does not come without a cost, the most evident social cost being high and persistent unemployment. This paper develops an economy with an endogenously expanding service sector, where the constant flow of workers in and out of...
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-- Introduction: structural dynamics and contemporary growth theory -- 1 The scope of growth theory today -- 2 Two building blocks of … with special reference to classical economics -- 1 Introduction -- 2 The classical inspiration of Pasinetti's theory of … four stages theory -- 5 Pasinetti, and Ricardo's and Marshall's economics -- 6 Concluding remarks -- References -- 2 …
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KRUGMANS Theorie der Entwicklung der Raumstruktur sowie die unter den Stichworten "new industrial districts" bzw. "innovative …
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The overall objective of this paper is to contribute conceptually to the questions why and how regions transform and it joins the debate on economic evolution and institutional change. The paper addresses the challenge of how to conceptualise the interdependencies of institutions of different...
Persistent link: https://www.econbiz.de/10011487791
The aim of this paper is to contribute to the debate on the structural change effects or labor reallocation effects on the regional disparity in productivity growth in India and the People's Republic of China (PRC). The paper uses secondary data at the state level in India and provinces in the...
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in the second step. The conceptual anchor of the study is mainly based on new economic growth theory and to a minor …
Persistent link: https://www.econbiz.de/10011481779