Unbalanced growth - ORA - Oxford University Research Archive

Abstract:: This paper considers a model of endogenous growth with two sectors. It shows that it may be desirable to concentrate research in one sector, and so have unbalanced growth, but that the pressure of competition in research may cause the private sector to spread research too widely, and so have growth that is too balanced. It is also shown that even if private agents concentrate research in one sector, they may do so in the wrong one.

Publication status:: Published

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APA Style

Beggs, A. (2000). Unbalanced growth. University of Oxford.

MLA Style

Beggs, A. Unbalanced Growth. University of Oxford, 2000.

Chicago Style

Beggs, A. 2000. “Unbalanced Growth.” Department of Economics Discussion Paper Series. University of Oxford.
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Authors

+ Beggs, A More by this author

Role:: Author

Publisher:: University of Oxford
Series:: Department of Economics Discussion Paper Series
Publication date:: 2000-12-01
Paper number:: 48

Keywords:: unbalanced growth

two sector

growth
Pubs id:: 1144362
Local pid:: pubs:1144362
Deposit date:: 2020-12-15

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Copyright date:: 2000
Rights statement:: Copyright 2000 The Author(s)

Licence:: Terms and Conditions of Use for Oxford University Research Archive

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