Bounded learning by doing, inequality, and multi-sector growth: A middle-class perspective
This paper develops a multi-sector model of middle-class-led economic growth, whereby (i) learning by doing interacts with scale economies and nonhomothetic preferences giving rise to endogenous growth, and (ii) the “middle class” label is an endogenous outcome of the model, depending on past econom...
Autores Principales: | , |
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Formato: | Artículo (Article) |
Lenguaje: | Inglés (English) |
Publicado: |
Academic Press Inc.
2020
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Materias: | |
Acceso en línea: | https://repository.urosario.edu.co/handle/10336/22946 https://doi.org/10.1016/j.red.2019.10.001 |