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Capital Deepening and Non-Balanced Economic Growth

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NBER2006-08-01 更新2025-01-04 收录
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This paper constructs a model of non-balanced economic growth. The main economic force is the combination of differences in factor proportions and capital deepening. Capital deepening tends to increase the relative output of the sector with a greater capital share, but simultaneously induces a

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2006-08-01
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