Quarterly Journal of Economics Vol. 89 No. 1 1975

Capital Heterogeneity, Aggregation, and The Two-Sector Model

Paul Zarembka

University at Buffalo, State University of New York

Abstract

I. Consistent aggregation of a multisectoral economy to a two-sector model, 106. — II. The Sato technology frontier, 110. — III. The neoclassical model, 111. — IV. Implications and extensions, 112. — Appendix: a simple empirical test for reswitching, 114.

DOI

10.2307/1881713

Volume

89

Issue

1

Pages

103

Sources

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