Abstract
The central issues concerning two-sector growth models were sector technologies, factor allocation, output composition, and factor accumulation — issues that are highly interrelated. Regarding technologies, as described by production functions, the central issue was the extent of the admissible factor substitution within each sector.
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© 1994 Springer Science+Business Media Dordrecht
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Jensen, B.S. (1994). Synopsis of two-sector growth models. In: The Dynamic Systems of Basic Economic Growth Models. Mathematics and Its Applications, vol 302. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1036-5_12
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DOI: https://doi.org/10.1007/978-94-011-1036-5_12
Publisher Name: Springer, Dordrecht
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