Capital Heterogeneity, Aggregation, and the Two-Sector Model
Paul Zarembka
The Quarterly Journal of Economics, 1975, vol. 89, issue 1, 103-114
Abstract:
I. Consistent aggregation of a multisectoral economy to a two-sector model, 106. — II. The Sato technology frontier, 110. — III. The neoclassical model, 111. — IV. Implications and extensions, 112. — Appendix: a simple empirical test for reswitching, 114.
Date: 1975
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