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The Unequalizing Spiral: A First Growth Model for Belindia

Lance Taylor, Edmar L. Bacha

The Quarterly Journal of Economics · 1976 · Volume 90 · Issue 2

DOI: 10.2307/1884627

Abstract

I. Introduction, 197. — II. A formal model, 199. — III. Some extensions of the model, 212. — IV. Conclusion, 215. — Appendix, 216.

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