Guilló, María Dolores; Perez-Sebastian, Fidel - Asociación Española de Economía y Finanzas … - 2005
This paper shows, within a Heckscher-Ohlin version of the two-sector neoclassical growth model, that land, besides having long-run effects, is also a main determinant of the speed of convergence toward the steady state when there are cross-sector capital share differences. This result stands in...