On the Organization of Rural Markets and the Process of Economic Development
研究农村市场组织如何影响资本积累和长期总收入，发现在双元经济模型中，农业部门要素市场完全竞争时资本和收入最低，而土地不交易且劳动力竞争时更高，两市场均不竞争时最高。
The authors consider how the organization of rural markets will affect capital accumul ation and long-run aggregate income in the development process. They show that in a simple, dual economy, overlapping-generations model, c apital accumulation and aggregate income will be lowest when both fac tor markets in the agricultural sector are fully competitive. Both ca pital and aggregate income will be higher when land is not traded but the labor market is competitive, and highest in the absence of compe titive markets in both factors in the agricultural sector, when incom e distribution favors rural workers over landlords. Copyright 1988 by American Economic Association.