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Sectoral infrastructure investment in an unbalanced growing economy : the case of India

Ghate, Chetan; Glomm, Gerhard; Liu, Jialu - 2012

We study the sectoral allocation of public infrastructure investments in the agriculture and manufacturing sectors in … agriculture in India has fallen, while it has risen in manufacturing. To match these observations we construct a two sector OLG … allocation of infrastructure across agriculture and manufacturing. We find: 1. The growth maximizing share of public capital …

Persistent link: https://www.econbiz.de/10009674819

Structural change in a multi-sector model of growth

Ngai, Liwa Rachel (contributor); … - 2005

We study a multi-sector model of growth with differences in TFP growth rates across sectors and derive sufficient conditions for the coexistence of structural change, characterized by sectoral labor reallocation, and balanced aggregate growth. The conditions are weak restrictions on the utility...

Persistent link: https://www.econbiz.de/10003189637

Strukturelle Anpassungen im zyklischen Wachstum

Meckl, Jürgen - In: Trend und Zyklus : zyklisches Wachstum aus der Sicht …, (pp. 255-276). 1999

Persistent link: https://www.econbiz.de/10001442544

The Economy of People's Republic of China from 1953

Cheremukhin, Anton - 2015

accounting for the change in the share of labor force in agriculture. TFP growth and changes in the intersectoral wedges are the … points higher and the share of the labor force in agriculture is 23.9 percentage points lower compared with the continuation …

Persistent link: https://www.econbiz.de/10013018719