The labour scarcity paradox reconsidered: a simple growth theoretic explanation

Qiang Chen

Applied Economics Letters, 2009, vol. 16, issue 15, 1501-1504

Abstract: By calibrating a Solow model augmented by natural resources, this paper offers a simple explanation of the labor scarcity paradox during the process of America's catching up with Britain, which static models have difficulties in accounting for so far.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:16:y:2009:i:15:p:1501-1504

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DOI: 10.1080/13504850701578843

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