Abstract

http://ssrn.com/abstract=1287893
 
 

References (13)



 


 



Adjustment Costs and Immiserizing Growth in LDCs


Sanjib Sarker


Utah State University - Department of Economics and Finance

Reza Oladi


Utah State University - College of Business - Department of Economics


Review of Development Economics, Vol. 12, No. 4, pp. 779-791, November 2008

Abstract:     
Using a general equilibrium model of a small developing economy, the authors demonstrate that the introduction of asymmetric adjustment costs makes the rate of urban employment respond to an exogenous shock in the aggregate capital endowment, raising the possibility of several counter-intuitive immiserizing growth scenarios.

Number of Pages in PDF File: 13

Accepted Paper Series


Date posted: October 27, 2008  

Suggested Citation

Sarker, Sanjib and Oladi, Reza, Adjustment Costs and Immiserizing Growth in LDCs. Review of Development Economics, Vol. 12, No. 4, pp. 779-791, November 2008. Available at SSRN: http://ssrn.com/abstract=1287893 or http://dx.doi.org/10.1111/j.1467-9361.2008.00480.x

Contact Information

Sanjib Sarker
Utah State University - Department of Economics and Finance
Logan, UT 84322-1400
United States
Reza Oladi (Contact Author)
Utah State University - College of Business - Department of Economics ( email )
3530 Old Main Hill
Logan, UT 84322-3530
United States
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References:  13

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