Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/37229 
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dc.contributor.authorStijepic, Denisen
dc.contributor.authorHelmut, Wagneren
dc.date.accessioned2010-08-11T09:01:59Z-
dc.date.available2010-08-11T09:01:59Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/37229-
dc.description.abstractThe Kuznets-Kaldor stylized facts are one of the most striking empirical observations about the development process in the industrialized countries: While massive factor reallocation across technologically distinct sectors takes place, the aggregate ratios of the economy are quite stable. This implies that cross-technology factor reallocation has a relatively weak impact on the aggregates, which is a puzzle from a theoretical point of view. We provide a model that can explain this puzzle. Furthermore, we show by empirical evidence that this model is in line with 55% of structural change.en
dc.language.isoengen
dc.publisher|aVerein für Socialpolitik |cFrankfurt a. M.en
dc.relation.ispartofseries|aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Convergence and Structural Change |xD5-V2en
dc.subject.jelO14en
dc.subject.jelO41en
dc.subject.jelD11en
dc.subject.ddc330en
dc.subject.keywordneoclassical growth modelsen
dc.subject.keywordbalanced growthen
dc.subject.keywordstructural changeen
dc.subject.keywordKaldor factsen
dc.subject.keywordlabor reallocation across sectorsen
dc.subject.keywordsector technologyen
dc.titleThe Kuznets-Kaldor-Puzzle and Neutral Cross-Capital-Intensity Structural Change-
dc.typeConference Paperen
dc.identifier.ppn655706798en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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