Beyond Balanced Growth Export

@article{citeulike:915966, abstract = {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.}, author = {Kongsamut, Piyabha and Rebelo, Sergio and Xie, Danyang}, citeulike-article-id = {915966}, citeulike-linkout-0 = {http://www.jstor.org/stable/2695912}, journal = {The Review of Economic Studies}, keywords = {411-1, growth}, number = {4}, pages = {869--882}, posted-at = {2006-10-28 22:47:22}, priority = {2}, title = {Beyond Balanced Growth}, url = {http://www.jstor.org/stable/2695912}, volume = {68}, year = {2001} }

TY - JOUR ID - citeulike:915966 L3 - citeulike-article-id:915966 N2 - 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. IS - 4 JF - The Review of Economic Studies EP - 882 TI - Beyond Balanced Growth VL - 68 SP - 869 KW - 411-1 KW - growth AU - Kongsamut, Piyabha AU - Rebelo, Sergio AU - Xie, Danyang PY - 2001/// UR - http://www.jstor.org/stable/2695912 ER -