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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Format: | Journal article |
Language: | English |
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Blackwell Publishing
1988
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