The Whole is Greater than the Sum of Its Parts : Complementary Reforms to Address Microeconomic Distortions
This paper links microeconomic rigidities and technological adoption to propose a partial explanation for the observed differences in income per capita across countries. The paper first presents a neoclassical general equilibrium model with heterogeneous production units. It assumes that developing...
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Published by Oxford University Press on behalf of the World Bank
2018
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| Online Access: | http://hdl.handle.net/10986/29121 |