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A Complete Dual Economy

In: Economic Growth and Development

Author

Listed:
  • Sibabrata Das

    (International Monetary Fund)

  • Alex Mourmouras

    (International Monetary Fund)

  • Peter C. Rangazas

    (Indiana University-Purdue University Indianapolis (IUPUI))

Abstract

In this chapter we combine the main features introduced in previous chapters into a complete dual economyDual economy model. The model includes physical and human capital, fertility, wage gaps, and technological change. We then examine the ability of the model to replicate key features of the economic growth observed in real-world economies.

Suggested Citation

  • Sibabrata Das & Alex Mourmouras & Peter C. Rangazas, 2015. "A Complete Dual Economy," Springer Texts in Business and Economics, in: Economic Growth and Development, edition 127, chapter 0, pages 199-230, Springer.
    • Handle: RePEc:spr:sptchp:978-3-319-14265-4_7
    DOI: 10.1007/978-3-319-14265-4_7
    as

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