A North-South Growth Model along Kaldorian Lines.
A North-South growth model is presented which focuses on i) the complementarity of Southern output (consumption goods) and Northern output (capital goods) and ii) the terms of trade as a mechanism linking the growth rates of the two regions. This Kaldorian model is different from recent North-South...
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| Format: | Working paper |
| Language: | English |
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CEPR
1984
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