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Registros recuperados: 10 | |
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Binswanger, Hans P.; Yamaguchi, Mitoshi. |
This paper is an attempt to quantify some interaction effects among capital accumulation, population growth and sectoral technical change in economic development. We tried to find a balance in the difficult trade-off just mentioned. We built a simple dynamic general equilibrium model along neoclassical lines. It is an agricultural-nonagricultural two sector model of a closed economy. Due to its simplicity, causal chains are easily traced. But we do not pretend to capture a complete model of development and recognize that the parameters of the model may change over time, i.e., that there is structural change. Therefore no simulations are performed with the model. Instead, we tried to find parameter values for the model at various stages of the development... |
Tipo: Working or Discussion Paper |
Palavras-chave: International Development. |
Ano: 1974 |
URL: http://purl.umn.edu/13920 |
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Yamaguchi, Mitoshi; Binswanger, Hans P.. |
We constructed a relatively simple dynamic general equilibrium model with an agricultural and a nonagricultural sector along neoclassical lines. The economy is closed, but it is not too difficult to evaluate how the opening of the economy would affect the conclusions. The model relates technical change in the two sectors -- capital accumulation and labor and population growth -- to per capita income, sectoral outputs, allocation of resources, and terms of trade. Instead of simulating with the model we use it to measure the impact of the exogenous variables on the endogenous ones at different stages of the development of Japan, i.e., we trace structural changes in that economy. |
Tipo: Working or Discussion Paper |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 1974 |
URL: http://purl.umn.edu/13278 |
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Binswanger, Hans P.. |
Invention possibilities are reformulated using research processes which have a cost and different implications for rates and biases of technical change. In the comparative static model a firm has the choice to build a plant of existing design or to improve it by research. The firm maximizes present value over the lifetime of the plant. Research costs and present value of capital and labor costs influence research mix and rate and bias to technical change. Controversies in the literature of induced innovation are discussed in terms of the model. A rise in labor costs does not necessarily lead to a more labor saving bias. |
Tipo: Working or Discussion Paper |
Palavras-chave: Institutional and Behavioral Economics. |
Ano: 1974 |
URL: http://purl.umn.edu/14152 |
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Binswanger, Hans P.. |
This Elmhirst lecture first discusses the features of the institutional environment which allow rural people in low income countries to design, plan and implement their own rural development. These are divided into two broad groups: the institutional environment for rural development (environment for the private sector, communities and civil society, local government, and sector institutions) and the many factors governing profitability of investment in agriculture. While in many poor countries the institutional environment has improved over the last 20 years, the most poorly performing countries still have by far the poorest environment for local government in the world. Within an empowering institutional environment, the rate of agricultural and rural... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development. |
Ano: 2006 |
URL: http://purl.umn.edu/25713 |
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Registros recuperados: 10 | |
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