CONFORMISM AND STRUCTURAL CHANGE
用一个简单的多部门内生增长模型,说明商品特有的消费外部性会导致结构变迁,同时保持总量平衡增长,并解释卡尔多典型事实与产业结构转型。
Using a simple, multisector model of endogenous growth, we show that commodity‐specific consumption externalities can be a source of structural change. When the degrees of consumption externalities are different between goods, each sector grows at a different rate. However, the aggregate economy exhibits balanced growth in that capital stock and expenditure grow at the same constant rate. A three‐sector version of our model may reconcile Kaldor's stylized facts with empirically plausible profiles of industrial structure transformation.