Unbalanced growth

Kala Krishna, César A. Pérez

Research output: Contribution to journalArticlepeer-review

5 Scopus citations


We study a model designed to understand the concept of unbalanced growth. We define leading sectors to be those that raise the profits from industrialization for other sectors the most. We identify the leading sectors and show that subsidizing them in sequence will raise welfare if the future is not discounted too strongly.

Original languageEnglish (US)
Pages (from-to)832-851
Number of pages20
JournalCanadian Journal of Economics
Issue number3
StatePublished - Aug 2005

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics


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