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The Dual Economy

Pranab Bardhan and Christopher Udry

in Development Microeconomics

Published in print:
1999
Published Online:
November 2003
ISBN:
9780198773719
eISBN:
9780191595929
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198773714.003.0015
Subject:
Economics and Finance, Development, Growth, and Environmental

Begins with a dual economy model focusing on the relation between labour transfer from agriculture to industry and the resultant pressure on food prices and on what this implies for the industrial ... More


Learning with Monopolistic Competition

Joseph E. Stiglitz and Bruce C. Greenwald

in Creating a Learning Society: A New Approach to Growth, Development, and Social Progress

Published in print:
2014
Published Online:
November 2015
ISBN:
9780231152143
eISBN:
9780231525541
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231152143.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter focuses on certain simplified cases where the market distortions associated with learning can be identified. It first describes the behavior of the monopolist. It then contrasts the ... More


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