Stability of the mobile-capital Harris-Todaro model: some further results

A necessary and sufficient condition for stability is derived for the mobile-capital Harris-Todaro model of rural-to-urban migration in developing countries when land is a scarce factor in agriculture. The stability condition when land is ignored - that the urban sector (comprising manufacturing ind...

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Bibliographic Details
Main Author: Neary, J
Other Authors: The London School of Economics and Political Science
Format: Journal article
Language:English
Published: Blackwell Publishing 1988
Subjects: