This paper is a theoretical study of rural-urban migrationurbanizationas it has occurred in many low-income economies in the postwar period. This process is viewed as a transfer of labor from a traditional, land-intensive technology to a human capitalintensive technology with an unending potential for growth. The model emphasizes the role of cities as places in which new immigrants can accumulate the skills required by modern production technologies.
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Volume (Year): 112 (2004) Issue (Month): S1 (February) Pages: S29-S59 Download reference. The following formats are available: HTML
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Peter J. Klenow & Andres Rodriguez-Clare, 2004.
"Externalities and Growth,"
NBER Working Papers
11009, National Bureau of Economic Research, Inc.
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Other versions:
Klenow, Peter J. & Rodriguez-Clare, Andres, 2005.
"Externalities and Growth,"
Handbook of Economic Growth,
in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 11, pages 817-861
Elsevier.
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