Unbalanced Growth
We study a model designed to understand the concept of unbalanced growth. We define leading sectors to be those that raise the profits from industrialization for other sectors the most. We identify the leading sectors and show that subsidizing them in sequences will raise welfare if the future is not discounted too strongly.
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| Length: | |
| Date of creation: | Nov 2004 |
| Date of revision: | |
| Publication status: | published as Krishna, Kala and Cesar A. Perez. "Unbalanced Growth," Canadian Journal of Economics, 2005, v38(3,Aug), 832-851. |
| Handle: | RePEc:nbr:nberwo:10899 |
| Note: | ITI |
| Contact details of provider: | Postal: Phone: 617-868-3900 Web page: http://www.nber.orgEmail: More information through EDIRC
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References listed on IDEAS
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Working papers
178, Massachusetts Institute of Technology (MIT), Department of Economics.
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3606235, Harvard University Department of Economics.
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- Kevin M. Murphy & Andrei Shleifer & Robert W. Vishny, 1988. "Industrialization and the Big Push," NBER Working Papers 2708, National Bureau of Economic Research, Inc.
- Kiminiori Matsuyama, 1994.
"Complementaries and Cumulative Processes In Models of Monopolistic Competition,"
Discussion Papers
1106, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Kiminori Matsuyama, 1995. "Complementarities and Cumulative Processes in Models of Monopolistic Competition," Journal of Economic Literature, American Economic Association, vol. 33(2), pages 701-729, June.
- Tibor Scitovsky, 1954. "Two Concepts of External Economies," Journal of Political Economy, University of Chicago Press, vol. 62, pages 143.
- Kala Krishna & César Pérez, 2005.
"Unbalanced growth,"
Canadian Journal of Economics,
Canadian Economics Association, vol. 38(3), pages 832-851, August.
- Kala Krishna & Cesar A. Perez, 2004. "Unbalanced Growth," NBER Working Papers 10899, National Bureau of Economic Research, Inc.
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