CONFORMISM AND STRUCTURAL CHANGE

被引：15

作者：

Hori, Takeo

Ikefuji, Masako

Mino, Kazuo ^{[1
]}

机构：

[1] Aoyamagakuin Univ, Tokyo 1508366, Japan

来源：

INTERNATIONAL ECONOMIC REVIEW | 2015年 / 56卷 / 03期

关键词：

ECONOMIC-GROWTH; POSITIONAL CONCERNS; HABIT FORMATION; CONSUMPTION; EXTERNALITIES; OTHERS; PRODUCTIVITY; INCOME; FACTS; GOODS;

D O I：

10.1111/iere.12127

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using a simple, multisector model of endogenous growth, we show that commodity-specific consumption externalities can be a source of structural change. When the degrees of consumption externalities are different between goods, each sector grows at a different rate. However, the aggregate economy exhibits balanced growth in that capital stock and expenditure grow at the same constant rate. A three-sector version of our model may reconcile Kaldor's stylized facts with empirically plausible profiles of industrial structure transformation.

引用

页码：939 / 961

页数：23

共 44 条

[1] Capital deepening and nonbalanced economic growth [J].