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Poirson Ward, Helene.

Factor Reallocation and Growth in Developing Countries Helene Poirson Ward. [electronic resource] / Helene Poirson Ward. - Washington, D.C. : International Monetary Fund, 2000. - 1 online resource (29 p.) - IMF Working Papers; Working Paper ; No. 00/94 . - IMF Working Papers; Working Paper ; No. 00/94 .

This paper examines the extent to which developing countries benefit from intersectoral factor transfers by specifying the impact and determinants of sectoral changes and of the degree of dualism (or allocation inefficiency) in a dual economy model. Conditions under which factor reallocation is growth-enhancing are derived. An empirical error-correction equation is estimated for 30 developing countries during 1965-80. Results suggest that labor reallocation effects are especially important in countries with high rates of investment (and thus high rates of labor transfer) and/or at low levels of development (and thus high degrees of dualism).

ISBN: 1451851715 : 15.00 USD

ISSN: 1018-5941

Standard No.: 10.5089/9781451851717.001 doi

Subjects--Topical Terms:
Dualism
Factor Reallocation
GDP Growth
Growth
Labor Productivities
Labor Productivity

Subjects--Geographic Terms:
Cameroon
El Salvador
Korea, Republic of
Sierra Leone
Sri Lanka