Beyond balanced growth
成果类型：
Article
署名作者：
Kongsamut, P; Rebelo, S; Xie, DY
署名单位：
International Monetary Fund; National Bureau of Economic Research; Northwestern University; Northwestern University; Center for Economic & Policy Research (CEPR); Hong Kong University of Science & Technology
刊物名称：
REVIEW OF ECONOMIC STUDIES
ISSN/ISSBN：
0034-6527
DOI：
10.1111/1467-937X.00193
发表日期：
2001
页码：
869-882
关键词：
摘要：
Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts regarding economic growth. These models, however, are inconsistent with one of the most striking regularities of the growth process-the massive reallocation of labour from agriculture into manufacturing and services. This paper presents a simple model consistent with both the Kaldor facts and the dynamics of sectoral labour reallocation.
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