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On the Mechanism of Sector Biased Technical Change and the Fundamental Driving Force of Structural Change

Pengfei Zhang

出版	SSRN, 2013
URL	http://books.google.com.hk/books?id=YEMozwEACAAJ&hl=&source=gbs_api

註釋

We construct a two-sector semi-endogenous growth model to investigate the mechanism of sector biased technical change and identify the fundamental driving force of structural change. We find that the balanced sectoral growth will be inevitable, in which structural change could not take place in the long run, if and only if the purely labor augmenting technical change rates are equal between two sectors. And the sectoral difference in the purely labor augmenting technical change rates depends on not only the elasticity of substitution between two intermediate good sectors but the sectoral difference in the products of the labor intensity and one minus the degree of R&D spillover effects in the same sector.