Capital–labor substitution, structural change, and growth

There is growing interest in multisector models that combine aggregate balanced growth, consistent with the well known Kaldor facts, with systematic changes in the sectoral allocation of resources, consistent with the Kuznets facts. Although variations in the income elasticity of demand across goods...

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Bibliographic details
Volume: 12
Main Author: Alvarez‐Cuadrado, Francisco
Van Long, Ngo
Poschke, Markus
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Oxford, UK Blackwell Publishing Ltd 01.09.2017
ECONOMETRIC SOCIETY
Wiley Subscription Services, Inc
published in: Theoretical economics Vol. 12; no. 3; pp. 1229 - 1266
Data of publication: September 2017
ISSN: 1933-6837
1555-7561
1555-7561
EISSN: 1555-7561
Discipline: Economics
Subjects:
O40
O30
041
Online Access: Fulltext
Database: Wiley Free Content
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