One of the most striking features of economic growth is the process of structural change whereby the share of agriculture in GDP decreases as countries develop. The cross-country growth literature typically estimates an aggregate homogeneous production function or convergence regression model...

The Addis Ababa Integrated Housing Development Program aims to tackle the housing shortage and unemployment that prevail in Addis Ababa by deploying and supporting small and medium scale enterprises to construct low-cost housing using technologies novel for Ethiopia. The motivation for such...

This paper investigates the implications of different adjustment mechanisms for shadow pricing traded and nontraded goods in a flexible price model. A foreign exchange equivalent rule that can be readily adapted whatever the adjustment mechanism is derived. It is shown that traded commodities...