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TWO-SECTOR GROWTH MODEL OF THE UNITED STATES ECONOMY
- Date Issued:
- 1974
- Summary:
- This work includes a survey of the literature of growth theory with emphasis on the two-sector Neoclassical model. A two-sector model of the U. S. economy with disembodied Harrod neutral technological change is estimated and simulated. Stability and the role of price mechanism is pointed out. The results of the estimation do not seem to support the significance of the disaggregation of the data into the two sectors. A clear advantage of the model, however, lies in the efficient disequilibrium adjustment mechanism.
Title: | A TWO-SECTOR GROWTH MODEL OF THE UNITED STATES ECONOMY. |
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Name(s): |
POSLUSNY, CHESTER, JR. Florida Atlantic University, Degree grantor Stronge, William B. College of Business Department of Economics |
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Type of Resource: | text | |
Genre: | Electronic Thesis Or Dissertation | |
Issuance: | monographic | |
Date Issued: | 1974 | |
Publisher: | Florida Atlantic University | |
Place of Publication: | Boca Raton, Fla. | |
Physical Form: | application/pdf | |
Extent: | 74 p. | |
Language(s): | English | |
Summary: | This work includes a survey of the literature of growth theory with emphasis on the two-sector Neoclassical model. A two-sector model of the U. S. economy with disembodied Harrod neutral technological change is estimated and simulated. Stability and the role of price mechanism is pointed out. The results of the estimation do not seem to support the significance of the disaggregation of the data into the two sectors. A clear advantage of the model, however, lies in the efficient disequilibrium adjustment mechanism. | |
Identifier: | 13653 (digitool), FADT13653 (IID), fau:10490 (fedora) | |
Collection: | FAU Electronic Theses and Dissertations Collection | |
Note(s): |
College of Business Thesis (M.A.)--Florida Atlantic University, 1974. |
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Subject(s): | Economics, General | |
Held by: | Florida Atlantic University Libraries | |
Persistent Link to This Record: | http://purl.flvc.org/fcla/dt/13653 | |
Sublocation: | Digital Library | |
Use and Reproduction: | Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder. | |
Use and Reproduction: | http://rightsstatements.org/vocab/InC/1.0/ | |
Host Institution: | FAU | |
Is Part of Series: | Florida Atlantic University Digital Library Collections. |