scholarly journals Exits from the poverty trap and growth accelerations in a dual economy model

2021 ◽  
Author(s):  
Jean‐Claude Berthelemy
Keyword(s):  
Poverty Trap ◽  
Economy Model ◽  
Dual Economy ◽  
Growth Accelerations

Structural Transformation and Inclusive Growth

2018 ◽  
Author(s):  
Andy Sumner
Keyword(s):  
Economic Development ◽  
Structural Transformation ◽  
Inclusive Growth ◽  
Late Capitalism ◽  
Economy Model ◽  
Dual Economy ◽  
Heuristic Device ◽  
The Relationship

This chapter sets out some conceptual points of departure for the book in terms of structural transformation and inclusive growth. It revisits the Lewis model of economic development and proposes it as a heuristic device to connect structural transformation and inclusive growth. The chapter argues first, that both structural transformation and inclusive growth have tended to be defined in a reductionist sense, in a way that disconnects the two concepts. It is contended that this matters because the relationship between structural transformation and inclusive growth is embedded in—rather than separated from—the modality of late capitalism pursued. Second, that the work of pioneering development economist, W. Arthur Lewis and the Lewis dual economy model provides a useful heuristic device for thinking about the relationship between structural transformation and inclusive growth.

Economic Segmentation and Worker Earnings in a U.S.-Mexico Border Enclave

1988 ◽  
Vol 31 (4) ◽  
pp. 466-489 ◽  
Author(s):  
Scarlett G. Hardesty ◽  
Malcolm D. Holmes ◽  
James D. Williams
Keyword(s):  
El Paso ◽  
Mexican Origin ◽  
Economy Model ◽  
Dual Economy ◽  
Minority Males ◽  
Mexico Border ◽  
The U.S

This study examines the effects of economic segmentation on worker earnings in El Paso, Texas, a city that is a major enclave on the U.S.-Mexico border. The investigation relies on the dual economy model, which maintains that the U.S. economy is divided into a monopoly and a competitive sector. This distinction is thought to be related to worker remuneration, with poorly paying jobs found primarily in the competitive sector. It is hypothesized that females and minority males are disproportionately located in the competitive sector and, therefore, that their income is negatively influenced. These hypotheses were tested using the 1980 U.S. Census Public Use Microdata file for the El Paso SMSA. In contrast to the dominant hypothesis this research found that women, particularly those of Mexican origin, were disproportionately located in the monopoly sector. However, women gained considerably less by virtue of monopoly sector employment than did males, especially those of Anglo origin. Generally the findings are consistent with the possibility that large monopoly sector firms strategically locate labor-intensive divisions in El Paso (and similar areas) because of the large supply of unskilled minority labor.

A Dual Economy

2017 ◽  
Author(s):  
Peter Temin
Keyword(s):  
Public Schools ◽  
Middle Class ◽  
Economy Model ◽  
Dual Economy ◽  
Distribution Of Income ◽  
Electronics Sector

This chapter explains the dual economy model, emphasizing Lewis’ assertion that the richer sector tries to keep down earnings in the poorer sector. The modern richer sector is the FTE (finance, technology and electronics) sector, containing twenty percent of the population whose incomes have risen rapidly since 1970. The low-wage sector is much larger, but has experienced stagnant earnings since 1970. The middle class is vanishing, and the American distribution of income looks like a two-humped camel. Transition from the low-wage sector is by education, which the FTE sector makes increasingly difficult by reducing funding for public schools and universities.

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