Name
Abstract | ||
|---|---|---|
The paper construct a neoclassical economic growth model in the context of credit constraints. The key component which is different with related literature is the appropriateness in the technology adoption. With technological appropriateness embodied in the capital-labor ratio, the economic resources' reallocation from low-productivity firms to high-productivity firms, which is defined as economic transition, can be further hindered in comparison with the prior theoretical models which only investigate credit constraints. © 2011 IEEE. |
Year | DOI | Venue |
|---|---|---|
2011 | 10.1109/EMEIT.2011.6023919 | EMEIT |
Keywords | DocType | Volume |
appropriate technology,capital-labor ratio,credit constraint,economic transition,economic growth | Conference | 8 |
Issue | ISSN | Citations |
null | null | 0 |
PageRank | References | Authors |
0.34 | 0 | 2 |