Beyond balanced growth

被引：547

作者：

Kongsamut, P ^{[1
]}

Rebelo, S

Xie, DY

机构：

[1] Int Monetary Fund, Washington, DC 20431 USA

[2] Northwestern Univ, NBER, Evanston, IL 60208 USA

[3] Northwestern Univ, CEPR, Evanston, IL 60208 USA

[4] Hong Kong Univ Sci & Technol, Hong Kong, Hong Kong, Peoples R China

来源：

REVIEW OF ECONOMIC STUDIES | 2001年 / 68卷 / 04期

基金：

美国国家科学基金会;

关键词：

D O I：

10.1111/1467-937X.00193

中图分类号：

F [经济];

学科分类号：

02 ;

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.

引用

页码：869 / 882

页数：14

共 23 条

[1] Wealth-varying intertemporal elasticities of substitution: Evidence from panel and aggregate data [J].