Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/31279 
Erscheinungsjahr: 
2005
Schriftenreihe/Nr.: 
Working Paper No. 2005-09
Verlag: 
Rutgers University, Department of Economics, New Brunswick, NJ
Zusammenfassung: 
In this paper we clarify the impact that barriers to capital accumulation can have on a two-sector neoclassical growth model’s ability to explain the observed differences in incomes across countries. We show that the effect of barriers to technology adoption in a two sector model is necessarily identical to a one-sector model when there are no factor market imperfections and each sector has identical technologies. We also show that this result generalizes to the case when the technologies are different across the sectors.
Schlagwörter: 
Economic Growth
Economic Development
Barriers
Capital Accumulation
JEL: 
F0
O0
O4
Dokumentart: 
Working Paper

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