Abstract
In the present paper we are interested in the growth process in a two-sector model of capital accumulation and show that balanced growth equilibria are globally,stable under the neoclassical hypotheses.
This work was in part supported by the Office of Naval Research under Task NR-047-004. I owe much to Professor Robert M. Solow and the referees for their valuable comments and suggestions.
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References
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© 1971 Economic Study Society
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Uzawa, H. (1971). On a Two-Sector Model of Economic Growth. In: Hahn, F.H. (eds) Readings in the Theory of Growth. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15430-2_3
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DOI: https://doi.org/10.1007/978-1-349-15430-2_3
Publisher Name: Palgrave Macmillan, London
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