Economic development, variety and employment
This paper studies qualitative change taking place during economic development. In the model presented qualitative change is created by the emergence of new sectors, each of which produces an output that is different from other sectors. A system with a variable number of sectors is simulated. The mo...
Main Authors: | , |
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Format: | Others |
Language: | en |
Published: |
Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business
2003
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Subjects: | |
Online Access: | http://epub.wu.ac.at/216/1/document.pdf |