Transcription of Arthur Lewis's Contribution to Development Thinking and Po…
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Arthur Lewis's Contribution to Development Thinking and Po…
economic GROWTH CENTERYALE Box 208629 New Haven, CT 06520-8269 ~egcenter/CENTER DISCUSSION PAPER NO. 891 Arthur lewis Contribution TODEVELOPMENT Thinking AND POLICYG ustav RanisYale UniversityAugust 2004 Notes: Center Discussion Papers are preliminary materials circulated to stimulate discussions andcritical paper can be downloaded without charge from the Social Science Research Network electroniclibrary at: index to papers in the economic Growth Center Discussion Paper Series is located at: ~ lewis Contribution to Development Thinking and PolicyGustav RanisYale UniversityAbstractArthur lewis seminal 1954 paper and its emphasis on dualism appeared at a time whenneither the work of Keynes or Harrod-Domar nor the later neoclassical production function of Solowseemed relevant for developing a consequence, his model, rooted in the classical tradition, plus its many ext
3 Arthur Lewis’ Contribution to Development Thinking and Policy* Gustav Ranis Yale University 1. Introduction As is well known, the rebirth of the sub-discipline of development economics coincided
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Neoclassical economics, Economics, MAHARSHI DAYANAND, MAHARSHI DAYANAND UNIVERSITY Maharshi Dayanand University, BEHAVIOURAL ECONOMICS AND ENVIRONMENTAL POLICY, BEHAVIOURAL ECONOMICS AND ENVIRONMENTAL POLICY DESIGN, Some recently completed PhD Theses, Social cost benefit analysis principles, Social cost–benefit analysis – principles