Aspects of employment and unemployment in a model of the developed and the less developed economies

Prabir C. Bhattacharya

    Research output: Contribution to journalArticle

    Abstract

    This paper first sets out a model of a less developed country (LDC), then shows how, with minor modifications, this model can be changed to become a model of a developed country (DC) consisting of a primary and a secondary sector. Open economy features are then introduced into both the DC and LDC models. The aim is to highlight the role of the Informal sector in both developed and less developed countries and show how changes in the world economy might impinge on the Informal sector in our DC and LDC differently. It is also hoped that the development of different models in the paper may be of some pedagogical use. © 2000 Elsevier Science B.V.

    Original languageEnglish
    Pages (from-to)297-311
    Number of pages15
    JournalEconomic Modelling
    Volume18
    Issue number2
    DOIs
    Publication statusPublished - Apr 2001

    Fingerprint

    Unemployment
    Less developed countries
    Developed countries
    Informal sector
    Open economy
    World economy

    Keywords

    • 011
    • 017
    • DC
    • E24
    • External shocks
    • F41
    • Informal sector
    • LDC

    Cite this

    @article{b631764ee034454a8522b467410c22e7,
    title = "Aspects of employment and unemployment in a model of the developed and the less developed economies",
    abstract = "This paper first sets out a model of a less developed country (LDC), then shows how, with minor modifications, this model can be changed to become a model of a developed country (DC) consisting of a primary and a secondary sector. Open economy features are then introduced into both the DC and LDC models. The aim is to highlight the role of the Informal sector in both developed and less developed countries and show how changes in the world economy might impinge on the Informal sector in our DC and LDC differently. It is also hoped that the development of different models in the paper may be of some pedagogical use. {\circledC} 2000 Elsevier Science B.V.",
    keywords = "011, 017, DC, E24, External shocks, F41, Informal sector, LDC",
    author = "Bhattacharya, {Prabir C.}",
    year = "2001",
    month = "4",
    doi = "10.1016/S0264-9993(00)00041-9",
    language = "English",
    volume = "18",
    pages = "297--311",
    journal = "Economic Modelling",
    issn = "0264-9993",
    publisher = "Elsevier",
    number = "2",

    }

    Aspects of employment and unemployment in a model of the developed and the less developed economies. / Bhattacharya, Prabir C.

    In: Economic Modelling, Vol. 18, No. 2, 04.2001, p. 297-311.

    Research output: Contribution to journalArticle

    TY - JOUR

    T1 - Aspects of employment and unemployment in a model of the developed and the less developed economies

    AU - Bhattacharya, Prabir C.

    PY - 2001/4

    Y1 - 2001/4

    N2 - This paper first sets out a model of a less developed country (LDC), then shows how, with minor modifications, this model can be changed to become a model of a developed country (DC) consisting of a primary and a secondary sector. Open economy features are then introduced into both the DC and LDC models. The aim is to highlight the role of the Informal sector in both developed and less developed countries and show how changes in the world economy might impinge on the Informal sector in our DC and LDC differently. It is also hoped that the development of different models in the paper may be of some pedagogical use. © 2000 Elsevier Science B.V.

    AB - This paper first sets out a model of a less developed country (LDC), then shows how, with minor modifications, this model can be changed to become a model of a developed country (DC) consisting of a primary and a secondary sector. Open economy features are then introduced into both the DC and LDC models. The aim is to highlight the role of the Informal sector in both developed and less developed countries and show how changes in the world economy might impinge on the Informal sector in our DC and LDC differently. It is also hoped that the development of different models in the paper may be of some pedagogical use. © 2000 Elsevier Science B.V.

    KW - 011

    KW - 017

    KW - DC

    KW - E24

    KW - External shocks

    KW - F41

    KW - Informal sector

    KW - LDC

    UR - http://www.scopus.com/inward/record.url?scp=0041324750&partnerID=8YFLogxK

    U2 - 10.1016/S0264-9993(00)00041-9

    DO - 10.1016/S0264-9993(00)00041-9

    M3 - Article

    VL - 18

    SP - 297

    EP - 311

    JO - Economic Modelling

    JF - Economic Modelling

    SN - 0264-9993

    IS - 2

    ER -