Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/33564 
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dc.contributor.authorNgai, L. Rachelen
dc.contributor.authorPissarides, Christopher A.en
dc.date.accessioned2006-01-31-
dc.date.accessioned2010-07-07T09:12:49Z-
dc.date.available2010-07-07T09:12:49Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/33564-
dc.description.abstractWe study a multi-sector model of growth with differences in TFP growth rates across sectors and derive sufficient conditions for the coexistence of structural change, characterized by sectoral labor reallocation, and balanced aggregate growth. The conditions are weak restrictions on the utility and production functions commonly applied by macroeconomists. Per capita output grows at the rate of labor-augmenting technological progress in the capital-producing sector and employment moves to low-growth sectors. In the limit all employment converges to two sectors, the slowest-growing consumption-goods sector and the capital-goods sector.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x1800en
dc.subject.jelO41en
dc.subject.jelO14en
dc.subject.ddc330en
dc.subject.keywordmulti-sector growthen
dc.subject.keywordstructural changeen
dc.subject.keywordbalanced growthen
dc.subject.keywordsectoral employmenten
dc.subject.keywordunbalanced growthen
dc.subject.stwWachstumstheorieen
dc.subject.stwMehr-Sektoren-Modellen
dc.subject.stwStrukturwandelen
dc.subject.stwProduktsubstitutionen
dc.subject.stwSektorale Beschäftigungsstrukturen
dc.titleStructural change in a multi-sector model of growth-
dc.type|aWorking Paperen
dc.identifier.ppn503255149en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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