Construct · 1 fields · 1 citations

Banerjee-Newman model: a standalone construct

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Banerjee-Newmanmodel1 CONSTRUCTBanerjee-Newman modelBANERJEE · DEVELOPMENT

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Development economics

model in which capital-market imperfections make initial wealth decide who becomes a worker, self-employed or an entrepreneur, shaping the path of development.

In development economics, Banerjee-Newman model refers to model in which capital-market imperfections make initial wealth decide who becomes a worker, self-employed or an entrepreneur, shaping the path of development. This meaning comes from Banerjee (1993) in Journal of Political Economy.[1]

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Nearby constructs

development1 fields · 2 citationsanchor · a standalone constructentrepreneur3 fields · 3 citationsjingle · one word, three carriersmodel3 fields · 3 citationsjingle · one word, three constructs

References

  1. Banerjee, A. V., & Newman, A. F. (1993). Occupational Choice and the Process of Development. Journal of Political Economy, 101(2), 274-298. https://doi.org/10.1086/261876

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