TY  - BOOK
AU  - Poirson Ward,Helene
TI  - Factor Reallocation and Growth in Developing Countries
T2  - IMF Working Papers; Working Paper
SN  - 1451851715 :
SN  - 1018-5941
PY  - 2000///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Dualism
KW  - imf
KW  - Factor Reallocation
KW  - GDP Growth
KW  - Growth
KW  - Labor Productivities
KW  - Labor Productivity
KW  - Cameroon
KW  - El Salvador
KW  - Korea, Republic of
KW  - Sierra Leone
KW  - Sri Lanka
N2  - 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)
UR  - http://elibrary.imf.org/view/IMF001/02283-9781451851717/02283-9781451851717/02283-9781451851717.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451851717
ER  -