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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2005.1
- 수록면
- 15 - 30 (16page)
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Dual economy, large unemployment, a fixed number of skilled workers, perfect capital mobility, migrant labor force working in South African gold mines, and a cycle of poverty characterize Lesotho. This paper develops a general equilibrium model for Lesotho specifying these absorbing economic characteristics. We are particularly interested in constructing a rising step skill acquisition function, which shows that small infusions of human-capital investment would not pull the economy out of its poverty trap, but a large infusion would.
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참고문헌 (18)
참고문헌 신청
/ / The Quarterly Journal of Economics : 551 ~ 570
/ / shown that a hysterisis-type argument can be developed to demonstrate this stickiness in wage rates
/ 1954 / Economic Development with Unlimited Supplies of Labor Manchester School of Economics and Social Studies 22 : 139 ~ 191
/ 1970 / External Economies of Scale and Competitive Equilibrium Quarterly Journal of Economics 84 : 347 ~ 385
/ 1983 / Journal of Political Economy 91 : 957 ~ 978
/ / shown that a hysterisis-type argument can be developed to demonstrate this stickiness in wage rates
/ 1954 / Economic Development with Unlimited Supplies of Labor Manchester School of Economics and Social Studies 22 : 139 ~ 191
/ 1970 / External Economies of Scale and Competitive Equilibrium Quarterly Journal of Economics 84 : 347 ~ 385
/ 1983 / Journal of Political Economy 91 : 957 ~ 978
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