A General Model of Derived Demand Linkages in a Dual Economy: Some Structural Implications
A general model of derived demand linkages in terms of technological interdependence of both the segments - modern and traditional- of a dual economy is developed. After defining two types of (complementary) demand linkages - induced and diffused, the economic states of those segments are characterized either from production and price structures point of view or from consumption and cost structures point of view. The combinations of the economy-wide investment levels with either terms-of-trade or wage-inequality that give rise to the above states of the economy are identified under both lower and higher stages of development.
|Date of creation:||Jul 1996|
|Contact details of provider:|| Postal: Sydney, NSW 2006|
Phone: 61 +2 9351 5055
Fax: 61 +2 9351 4341
Web page: http://sydney.edu.au/arts/economics
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:syd:wpaper:2123/6745. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vanessa Holcombe)
If references are entirely missing, you can add them using this form.