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Life Earnings and Rural-Urban Migration

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  • Robert E. Lucas, Jr.

Abstract

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.

Suggested Citation

  • Robert E. Lucas, Jr., 2004. "Life Earnings and Rural-Urban Migration," Journal of Political Economy, University of Chicago Press, vol. 112(S1), pages 29-59, February.
  • Handle: RePEc:ucp:jpolec:v:112:y:2004:i:s1:p:s29-s59
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    References listed on IDEAS

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    5. Pinelopi Koujianou Goldberg & Michael M. Knetter, 1997. "Goods Prices and Exchange Rates: What Have We Learned?," Journal of Economic Literature, American Economic Association, vol. 35(3), pages 1243-1272, September.
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