The Whole is Greater than the Sum of Its Parts : Complementary Reforms to Address Microeconomic Distortions
This paper links microeconomic rigidities and technological adoption to propose a partial explanation for the observed differences in income per capita across countries. The paper first presents a neoclassical general equilibrium model with heterogeneous production units. It assumes that developing...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Published by Oxford University Press on behalf of the World Bank
2018
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/29121 |