Lewis through a looking glass: public sector employment, rent-seeking, and economic growth.
This paper argues that the labor transfer process outlined by the Lewis model (1954) can give rise to surplus labour - in the sense than the marginal product of labour is less that the wage - in the public part of the modern sector and that this may deprive the modern sector of its dynamism. Moreove...
| Main Authors: | , , |
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| Format: | Working paper |
| Sprog: | English |
| Udgivet: |
World Bank
1988
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