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Unbalanced Growth / Kala Krishna, Cesar A. Perez.
- Format:
- Book
- Author/Creator:
- Krishna, Kala.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w10899.
- NBER working paper series no. w10899
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2004.
- Summary:
- 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.
- Notes:
- Print version record
- November 2004.
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