Unbalanced growth
View on Open Library ↗

Unbalanced growth

by

6 min read
Rate this book:
14 pages 2004

About This Book

"We study a model designed to understand the concept of unbalanced growth. We define leading sectors to be those that raise the profits from industrialization for other sectors the most. We identify the leading sectors and show that subsidizing them in sequences will raise welfare if the future is not discounted too strongly"--National Bureau of Economic Research web site.

Buy This Book

As an Amazon Associate and Bookshop.org affiliate, BookOrb earns from qualifying purchases.

Write a Review

Sign in to write a review.