Bounded learning by doing, inequality, and multi-sector growth: A middle-class perspective

This paper develops a multi-sector model of middle-class-led economic growth, whereby (i) learning by doing interacts with scale economies and nonhomothetic preferences giving rise to endogenous growth, and (ii) the “middle class” label is an endogenous outcome of the model, depending on past econom...

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Autores:

Tipo de recurso:

Fecha de publicación:

2020

Institución:

Universidad del Rosario

Repositorio:

Repositorio EdocUR - U. Rosario

Idioma:

eng

OAI Identifier:

oai:repository.urosario.edu.co:10336/22946

Acceso en línea:

https://doi.org/10.1016/j.red.2019.10.001
https://repository.urosario.edu.co/handle/10336/22946

Palabra clave:

Income redistribution
Inequality
Learning by doing
Middle-class-led consumption
Multi-sector growth

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