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 identical factor rewards is relaxed and the
implications of an intersectoral wage differential for economic
growth are analysed. There is also some discussion on the
short-term and long-run effects of minimum wage legislation on
growth. This book will serve as key reading for students of
economics.
General
| Imprint: |
Routledge
|
| Country of origin: |
United Kingdom |
| Series: |
Routledge Revivals |
| Release date: |
May 2015 |
| First published: |
2015 |
| Authors: |
Pasquale Sgro
|
| Dimensions: |
216 x 138mm (L x W) |
| Format: |
Hardcover
|
| Pages: |
148 |
| ISBN-13: |
978-1-138-85254-9 |
| Categories: |
Books >
Business & Economics >
Economics >
Econometrics >
General
|
| LSN: |
1-138-85254-6 |
| Barcode: |
9781138852549 |
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