Concerning Inequality, Technology Adoption, and Structural Change

  title={Concerning Inequality, Technology Adoption, and Structural Change},
  author={Radhika Lahiri and Shyama Ratnasiri},
  journal={International Advances in Economic Research},
Empirical evidence suggests that there has been a divergence over time in income distributions across countries and within countries. Furthermore, developing economies show a great deal of diversity in their growth patterns during the process of economic development. For example, some of these countries converge rapidly on the leaders, while others stagnate, or even experience reversals and declines in their growth processes. In this paper we study a simple dynamic general equilibrium… CONTINUE READING