A Complete Dual Economy

Sibabrata Das, Alex Mourmouras and Peter Rangazas
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Sibabrata Das: International Monetary Fund
Alex Mourmouras: International Monetary Fund

Chapter 9 in Economic Growth and Development, 2018, pp 267-300 from Springer

Abstract: Abstract In this chapter we combine the main features from previous chapters into a complete dual economy model. The model includes physical and human capital, fertility, wage gaps, and technological change. We then examine the ability of the model to replicate key features of the economic growth observed in real world economies.

Keywords: Structural transformationStructural Transformation; Transitional Growth; Traditional Sectors; Physical Capital Intensity; Modern Sector (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1007/978-3-319-89755-4_9

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