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The Effect of Investment Subsidy in a Dualistic Economy

Euro-Asian Journal of Economics and Finance

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Field Value
 
Title The Effect of Investment Subsidy in a Dualistic Economy
 
Creator Lahiri, Hiranya
 
Subject Investment- subsidy, labour-displacing technological progress, agriculture, industry
 
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.
 
Publisher Academy of Business & Scientific Research
 
Date 2014-07-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://absronline.org/journals/index.php/eajef/article/view/225
 
Source Euro-Asian Journal of Economics and Finance; Vol 2 No 3 (2014): July; 185-202
2310-4929
2310-0184
 
Language eng
 
Relation http://absronline.org/journals/index.php/eajef/article/view/225/246
 
Rights Copyright (c) 2014 Euro-Asian Journal of Economics and Finance