The labour scarcity paradox reconsidered: a simple growth theoretic explanation

By calibrating a Solow model augmented by natural resources, this paper offers a simple explanation of the labor scarcity paradox during the process of America's catching up with Britain, which static models have difficulties in accounting for so far.

MoreLess

Year of publication:	2009
Authors:	Chen, Qiang
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 16.2009, 15, p. 1501-1504
Publisher:	Taylor & Francis Journals

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008466552