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-sector extension of the one-sector growth model that encompasses the main existing theories of structural transformation. We argue that …
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This paper develops a dynamic general equilibrium model to explore industrial evolution and economic growth in a closed … growth. Implications for industrial policies are discussed. …
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Purpose - This study proposes a Bayesian approach to analyze structural breaks and examines whether structural changes have occurred, at the onset of civil war, with respect to economic development and population during the period from 1945 to 1999. Design/methodology/approach - In the Bayesian...
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