Construct · 1 fields · 1 citations

Harris-Todaro model: a standalone construct

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Development economics

a model in which rural-urban migration responds to expected urban income, so migration can persist despite high urban unemployment.

In development economics, Harris-Todaro model refers to a model in which rural-urban migration responds to expected urban income, so migration can persist despite high urban unemployment. This meaning comes from Harris (1970/1995) in Reflections on Economic Development.[1]

Unit
Recovery means
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Nearby constructs

development1 fields · 2 citationsanchor · a standalone construct migration3 fields · 4 citationsjingle · one word, three constructs model3 fields · 3 citationsjingle · one word, three constructs

References

Harris, J. R., & Todaro, M. P. (1995). Migration, unemployment and development: A two-sector analysis. In Reflections on Economic Development (pp. 27-43). Edward Elgar. (Original work published 1970) https://doi.org/10.4337/9781035362813.00010

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