1st Edition

Wage Differentials and Economic Growth (Routledge Revivals)

By Pasquale Sgro Copyright 2015
162 Pages
by Routledge

148 Pages
by Routledge

162 Pages
by Routledge

This book, which was first published in 1980, is concerned with one particular branch of growth theory, namely descriptive growth theory. It is typically assumed in growth theory that both the factors and goods market are perfectly competitive. In particular this implies amongst other things that the reward to each factor is identical in each sector of the economy. In this book the assumption of... Read more

Acknowledgments;  General Remarks;  Part 1: Two-Sector Growth Models;  1. A Two-sector Fixed Coefficient Model  2. A Two-sector Variable Coefficient Growth Model;  Part 2: Wage Differentials and Economic Growth;  3. Wage Differentials and the Fixed Coefficient Growth Model  4. Wage Differentials and the Variable Coefficient Growth Model;  Part 3: International Trade and Economic Growth;  5. An Open Economy Two-sector Growth Model  6. Trade and Growth with Wage Differentials;  Appendix 1: Homotheticity and Demand;  Appendix 2: The Elasticity of Labour Mobility;  References;  Author Index;  Subject Index

Biography

Pasquale M. Sgro,