Rural-urban interdependence and industrialization

成果类型:
Article
署名作者:
Murata, Y
署名单位:
Tokyo Metropolitan University
刊物名称:
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN:
0304-3878
DOI:
10.1016/S0304-3878(02)00004-4
发表日期:
2002
页码:
1-34
关键词:
Hicks-Allen partial elasticity of substitution income feedback effect Engel's law multiple pareto-rankable equilibria economy of Japan
摘要:
This paper presents a model of industrialization through rural-urban interdependence. It shows how an economy with a low cost share of industrial inputs in agricultural production and a low expenditure share of manufactured goods, together with a limited variety of industrial inputs, can be caught in a low development trap. By escaping from the trap the economy moves toward more roundabout methods of agricultural production, mass consumption of manufactured goods, and urbanization. The transition from the low development trap to industrialization is consistent with the historical evidence on Japan. (C) 2002 Elsevier Science B.V. All rights reserved.