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Accounting for Growth Disparity: Lucas's Framework Revisited.

Authors :
Hosoya, Kei
Source :
Review of Development Economics; Aug2017, Vol. 21 Issue 3, p874-887, 14p, 1 Black and White Photograph, 3 Charts, 1 Graph
Publication Year :
2017

Abstract

This paper proposes a theoretical method to account for historical episodes of growth disparity. A numerical computation shows that the properties of the local dynamics of the proposed model are consistent with the facts indicated by selected episodes. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
13636669
Volume :
21
Issue :
3
Database :
Complementary Index
Journal :
Review of Development Economics
Publication Type :
Academic Journal
Accession number :
123928235
Full Text :
https://doi.org/10.1111/rode.12297