Industrial Structure, Appropriate Technology and Economic Growth in Less Developed Countries

Industrial Structure, Appropriate Technology and Economic Growth in Less Developed Countries

The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive...

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Bibliographic Details
Main Authors: Lin, Justin Yifu, Zhang, Pengfei
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ADVANCED COUNTRIES
AGGREGATE PRODUCTION FUNCTION
AGGREGATIVE MODEL
AGRICULTURE
ALLOCATION
APPROPRIATE TECHNOLOGIES
APPROPRIATE TECHNOLOGY
AUTOMOTIVE
BALANCED ECONOMIC GROWTH
BALANCED GROWTH
BASIC
CAD
CAPITAL ACCUMULATION
CAPITAL FORMATION
CAPITAL STOCK
CAPITAL-LABOR
CAPITAL-LABOR RATIO
CAPITALISM
COMPARATIVE ADVANTAGE
COMPETITIVE MARKET
CONSTANT ELASTICITY
CONSTANT RATE
CONSUMPTION GOODS
DEMAND FUNCTIONS
DEMOCRACY
DEVELOPED ECONOMIES
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT STRATEGY
DIFFERENTIAL EQUATIONS
DIMINISHING RETURNS
DISCOUNT RATE
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC IMPLICATIONS
ECONOMIC INSTITUTIONS
ECONOMIC PERFORMANCE
ECONOMIC REFORM
ECONOMIC REVIEW
ECONOMIC STUDIES
ELASTICITY
ELASTICITY OF SUBSTITUTION
ENDOGENOUS GROWTH
ENDOGENOUS GROWTH MODEL
ENDOGENOUS INNOVATION
EQUILIBRIUM
EVOLUTION OF TECHNOLOGY
EXPANDING VARIETY
EXPECTED PRESENT VALUE
FACTOR DEMAND
FACTOR ENDOWMENTS
FACTORS OF PRODUCTION
FINANCIAL SECTOR
GLOBAL ECONOMY
GROWTH LITERATURE
GROWTH MODEL
GROWTH OF NATIONS
GROWTH RATE
GROWTH RATES
GROWTH THEORY
INCOMES
INCREASING RETURNS
INDEXES
INNOVATIONS
INTERMEDIATE GOODS
INTERNATIONAL TRADE
KNOW-HOW
LABOR FORCE
LABOR MARKET
LDCS
LESS DEVELOPED COUNTRIES
LESS DEVELOPED COUNTRY
LONG-RUN GROWTH
LONG-RUN POLICY
MACROECONOMICS
MODEL OF GROWTH
MODERN ECONOMIC GROWTH
MONETARY ECONOMICS
MONOPOLY
NEOCLASSICAL ECONOMICS
NEOCLASSICAL GROWTH
NEOCLASSICAL GROWTH THEORY
NOMINAL INTEREST RATE
OLIGOPOLY
OPTIMIZATION
OPTIMUM GROWTH
PATENTS
PER CAPITA INCOME
POLICY ANALYSIS
POLICY IMPLICATIONS
POLICY MEASURES
POLICY RESEARCH
POLITICAL ECONOMY
POPULATION GROWTH
PRODUCTION FUNCTION
PRODUCTION FUNCTIONS
PROFIT MAXIMIZATION
PUBLIC POLICY
RAPID GROWTH
RELATIVE IMPORTANCE
RENT SEEKING
RISK AVERSION
SAVINGS
SECTOR MODEL
SOCIAL DEVELOPMENT
SOCIALISM
STATIC EQUILIBRIUM
STRUCTURAL CHANGE
TECHNICAL CHANGE
TECHNICAL PROGRESS
TECHNOLOGICAL CHANGE
TECHNOLOGICAL PROGRESS
TFP
TOTAL FACTOR PRODUCTIVITY
UTILITY FUNCTION
VARIABLE INPUTS
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090416150001
http://hdl.handle.net/10986/4098

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