Unbalanced Growth

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See all articles by Kala Krishna

Kala Krishna

Pennsylvania State University - Department of Economics; National Bureau of Economic Research (NBER)

Cesar A. Perez

Martin County - Growth Management Department

Multiple version iconThere are 3 versions of this paper

Date Written: October 2004

Abstract

We study a model designed to understand the concept of unbalanced growth. We define leading sectors to be those that raise the profits from industrialization for other sectors the most. We identify the leading sectors and show that subsidizing them in sequence will raise welfare if the future is not discounted too strongly.

Keywords: Unbalanced Growth, Backward and Forward Linkages, Welfare

JEL Classification: 012, 030, D50

Suggested Citation

Krishna, Kala and Perez, Cesar A., Unbalanced Growth (October 2004). Available at SSRN: https://ssrn.com/abstract=612381 or http://dx.doi.org/10.2139/ssrn.612381

Kala Krishna (Contact Author)

Pennsylvania State University - Department of Economics ( email )

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National Bureau of Economic Research (NBER)

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Cesar A. Perez

Martin County - Growth Management Department ( email )

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Stuart, FL 34996
United States
772-288-5665 (Phone)

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