Note on Uzawa’s Two-Sector Model of Economic Growth

1971 ◽  
pp. 27-30
Author(s):  
R. M. Solow
Keyword(s):  
Economic Growth ◽  
Sector Model

Development of the Labour Surplus Economy (Review Article )

1965 ◽  
Vol 5 (2) ◽  
pp. 271-294
Author(s):  
Nurul Islam
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth Model ◽  
Recent Literature ◽  
Review Article ◽  
Development Review ◽  
Balanced Growth ◽  
Sector Model ◽  
Surplus Labour ◽  
Unlimited Supply

The concept of surplus labour has featured prominently in the recent literature on economic development of underdeveloped, overpopulated economies. W. A. Lewis in his two celebrated articles [1J attempted a precise formu¬lation of the concept of surplus labour and sought to analyse its implications for the strategy of economic development in the context of a two sector model of economic growth. Messrs. J. C. H. Fei and Gustav Ranis have undertaken in this book1 an elaborate extension of the two-sector growth model of W. A. Lewis. The major directions in which the authors have sought to extend or elaborate the model and the main results of their efforts in this respect are contained in their earlier article "Unlimited Supply of Labour and the Concept of Balanced Growth", published in the Pakistan Development Review, Winter 1961, Vol. 1, No. 3. The various sections of the article have now been expanded and elaborated into chapters of the book*.

AGRICULTURAL PRODUCTIVITY AND GROWTH IN TURKEY

2013 ◽  
Vol 18 (5) ◽  
pp. 998-1017 ◽  
Author(s):  
Ayşe İmrohoroğlu ◽  
Selahattın İmrohoroğlu ◽  
Murat Üngör
Keyword(s):  
Economic Growth ◽  
Productivity Growth ◽  
Agricultural Sector ◽  
Agricultural Productivity ◽  
Intermediate Goods ◽  
Extended Model ◽  
Agricultural Output ◽  
Income Per Capita ◽  
Sector Model ◽  
Per Capita

This paper investigates the growth experience of one country in detail in order to enhance our understanding of important factors that affect economic growth. Using a two-sector model, we identify low productivity growth in the agricultural sector as the main reason for the divergence of income per capita between Turkey and its peer countries between 1968 and 2005. An extended model that incorporates distortions in the use of intermediate goods in producing agricultural output indicates that policies that have different effects across sectors and across time may be important in explaining the growth experience of countries.

Sign in / Sign up

Export Citation Format

Share Document