Business Cycle during Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective.
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https://www.nber.org/papers/w26181
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资源简介：
We document that the nature of business cycles evolves over the process of development and structural change. In countries with large declining agricultural sectors, aggregate employment is uncorrelated with GDP. During booms, employment in agriculture declines while labor productivity increases in
提供机构：
美国国家经济研究局
创建时间：
2019-08-01
