{
  "title": "Factor Reallocation and Growth in Developing Countries",
  "publication": "IMF Working Papers, June 1, 2000",
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  "summary": "This paper examines the extent to which developing countries benefit from intersectoral factor transfers by specifying the impact and determinants of sectoral changes and of the degree of dualism (or allocation inefficiency) in a dual economy model.",
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      "heading": "Summary and research focus",
      "content": "- Examines the extent to which developing countries benefit from intersectoral factor transfers.\n- Specifies the impact and determinants of sectoral changes and of the degree of dualism (or allocation inefficiency) in a dual economy model.\n- Derives conditions under which factor reallocation is growth-enhancing."
    },
    {
      "heading": "Methodology",
      "content": "- Develops a dual economy model capturing sectoral factor transfers and allocation inefficiency (degree of dualism).\n- Estimates an empirical error-correction equation for 30 developing countries during 1965-80."
    },
    {
      "heading": "Key findings and results",
      "content": "- Results suggest that labor reallocation effects are especially important in:\n  - countries with high rates of investment (and thus high rates of labor transfer), and/or\n  - countries at low levels of development (and thus high degrees of dualism).\n- Emphasis on the role of labor reallocation as a channel for growth-enhancing factor transfers in developing-country contexts."
    },
    {
      "heading": "Subject areas and keywords (as listed)",
      "content": "- Subjects: Capital productivity, Expenditure, Human capital, Labor, Labor productivity, Production, Public expenditure review\n- Keywords: Capital productivity, dualism, East Asia, factor productivity, Factor reallocation, GDP growth, growth, Human capital, labor coefficient, labor productivity, Labor productivity, labor reallocation, Public expenditure review, reallocation effect, South Asia, Sub-Saharan Africa, WP\n\n---\n\n Content in this bundle\n\n- Factor Reallocation and Growth in Developing Countries - WP/00/94\n  - Factor Reallocation and Growth in Developing Countries - WP/00/94 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Factor Reallocation and Growth in Developing Countries - WP/00/94 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/factor-reallocation-and-growth-in-developing-countries-3583"
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    "Authors: Hélène Poirson",
    "Published: June 1, 2000",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451851717.001",
    "Examines the extent to which developing countries benefit from intersectoral factor transfers.",
    "Specifies the impact and determinants of sectoral changes and of the degree of dualism (or allocation inefficiency) in a dual economy model.",
    "Derives conditions under which factor reallocation is growth-enhancing.",
    "Develops a dual economy model capturing sectoral factor transfers and allocation inefficiency (degree of dualism).",
    "Estimates an empirical error-correction equation for 30 developing countries during 1965-80.",
    "Results suggest that labor reallocation effects are especially important in:",
    "Emphasis on the role of labor reallocation as a channel for growth-enhancing factor transfers in developing-country contexts.",
    "Subjects: Capital productivity, Expenditure, Human capital, Labor, Labor productivity, Production, Public expenditure review",
    "Keywords: Capital productivity, dualism, East Asia, factor productivity, Factor reallocation, GDP growth, growth, Human capital, labor coefficient, labor productivity, Labor productivity, labor reallocation, Public expenditure review, reallocation effect, South Asia, Sub-Saharan Africa, WP",
    "**Factor Reallocation and Growth in Developing Countries - WP/00/94**"
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