The Effect of Investment Subsidy in a Dualistic Economy
Euro-Asian Journal of Economics and Finance
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Title |
The Effect of Investment Subsidy in a Dualistic Economy
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Creator |
Lahiri, Hiranya
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Subject |
Investment- subsidy, labour-displacing technological progress, agriculture, industry
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Description |
India has been posting high growth figures on one hand, while on the other; it is recording an increase in unemployment rate. The growth of the country is not being able to absorb the growing labour force. In this paper, we develop a two-sector macro-economic model that serves us two purposes. First, it establishes the link between industry and agriculture and secondly it analyses how the provision of investment subsidy to the industrial sector will affect output and employment levels in the two sectors. Finally it charts out a sustainable development strategy for the country.
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Publisher |
Academy of Business & Scientific Research
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Date |
2014-07-02
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://absronline.org/journals/index.php/eajef/article/view/225
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Source |
Euro-Asian Journal of Economics and Finance; Vol 2 No 3 (2014): July; 185-202
2310-4929 2310-0184 |
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Language |
eng
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Relation |
http://absronline.org/journals/index.php/eajef/article/view/225/246
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Rights |
Copyright (c) 2014 Euro-Asian Journal of Economics and Finance
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