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This paper examines the effect of agricultural development on a country's overall development and growth experience. In most poor countries, large fractions of land, labor, and other productive resources are devoted to producing food for subsistence needs. This food problem can delay a country's...
Persistent link: https://www.econbiz.de/10014068114
We introduce home production into the neoclassical growth model and examine its consequences for development economics. In particular, we study the extent to which one can account for international income differences with differences in policies that distort capital accumulation. In models with...
Persistent link: https://www.econbiz.de/10005782436
The authors introduce home production into the neoclassical growth model and examine its consequences for development economics. They focus on how well differences in policies that distort capital accumulation explain international income differences. In models with home production, such...
Persistent link: https://www.econbiz.de/10005360712
Persistent link: https://www.econbiz.de/10001499613
Persistent link: https://www.econbiz.de/10007677363
Persistent link: https://www.econbiz.de/10001471364
We introduce home production into the neoclassical growth model and examine its consequences for development economics. In particular, we study the extent to which one can account for international income differences with differences in policies that distort capital accumulation. In models with...
Persistent link: https://www.econbiz.de/10014141663
We introduce home production into the neoclassical growth model and examine its consequences for development economics. In particular, we study the extent to which one can account for international income differences with differences in policies that distort capital accumulation. In models with...
Persistent link: https://www.econbiz.de/10014151796
Persistent link: https://www.econbiz.de/10010822083
Persistent link: https://www.econbiz.de/10006827013