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Economic Growth, Engel's Law, and Structural Transformation
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Shin, DoChull | - |
| dc.date.accessioned | 2009-01-20T01:57:15Z | - |
| dc.date.available | 2009-01-20T01:57:15Z | - |
| dc.date.issued | 1995-01 | - |
| dc.identifier.citation | Seoul Journal of Economics, Vol.8 No.1, pp. 1-22 | - |
| dc.identifier.issn | 1225-0279 | - |
| dc.identifier.uri | https://hdl.handle.net/10371/1052 | - |
| dc.description.abstract | This paper presents a model of structural transformation in the course of economic development and contrasts simulation results with actual data. Important features of the United States historical data such as the diminishing importance of agriculture in terms of labor force or GDP fraction can be generated by the model. It is shown that the structural dynamics bringing about diminution of agriculture calls for a nonhomothetic preference specification. | - |
| dc.language.iso | en | - |
| dc.publisher | Institute of Economic Research, Seoul National University | - |
| dc.subject | structural transformation | - |
| dc.subject | diminishing importance | - |
| dc.subject | agricultural sector | - |
| dc.title | Economic Growth, Engel's Law, and Structural Transformation | - |
| dc.type | SNU Journal | - |
| dc.contributor.AlternativeAuthor | 신동철 | - |
| dc.citation.journaltitle | Seoul Journal of Economics | - |
| dc.citation.endpage | 22 | - |
| dc.citation.number | 1 | - |
| dc.citation.pages | 1-22 | - |
| dc.citation.startpage | 1 | - |
| dc.citation.volume | 8 | - |
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