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Author Zhang, Weibin
Source Directory of Open Access Journals (DOAJ)
Content type Text
Publisher Croatian Interdisciplinary Society
File Format HTM / HTML
Date Created 2009-02-08
Copyright Year ©2009
Language English
Subject Domain (in LCC) H1-99
Subject Keyword Industrial sector ♦ Two-sector model ♦ Rural and urban amenities ♦ Social Sciences ♦ Physical capital accumulation ♦ Agricultural sector ♦ Human capital accumulation
Abstract This paper examines issues related to urbanization with labour migration. The main departures from the traditional approaches to dynamics of economic structures are that the paper uses an alternative approach to consumer behaviour and introduces human capital accumulation via learning by doing. The model describes dynamic interactions among agricultural and industrial production, rural and urban amenities, distribution of production factors and preferences with endogenous capital and human capital accumulation. We show that the dynamic system may have either a single or multiple equilibrium points, depending upon returns to scale in the two sectors. We also examined effects of changes in some parameters.
ISSN 13344676
Age Range 18 to 22 years ♦ above 22 year
Educational Use Research
Education Level UG and PG ♦ Career/Technical Study
Learning Resource Type Article
Publisher Date 2009-01-01
e-ISSN 13344676
Journal Interdisciplinary Description of Complex Systems
Volume Number 6
Issue Number 2
Page Count 22
Starting Page 95
Ending Page 116


Source: Directory of Open Access Journals (DOAJ)