WELFARE ASPECTS OF A HARRIS‐TODARO ECONOMY WITH UNDEREMPLOYMENT AND VARIABLE PRICES

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The Developing EconomiesVolume 25, Issue 3 p. 203-219 Free Access WELFARE ASPECTS OF A HARRIS-TODARO ECONOMY WITH UNDEREMPLOYMENT AND VARIABLE PRICES Ira N. GANG, Ira N. GANGSearch for more papers by this authorShubhashis GANGOPADHYAY, Shubhashis GANGOPADHYAYSearch for more papers by this author Ira N. GANG, Ira N. GANGSearch for more papers by this authorShubhashis GANGOPADHYAY, Shubhashis GANGOPADHYAYSearch for more papers by this author First published: September 1987 https://doi.org/10.1111/j.1746-1049.1987.tb00106.xCitations: 2 This work was completed while Ira Gang was visiting the Indian Statistical Institute, Delhi Centre. He acknowledges the support of the Claremont Center for Economic Policy Studies at Clarement Graduate School. The paper has benefited from referee's comments. AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL REFERENCES 1 Basu, K. C. Optimal Policies in Dual Economies,” Quarterly Journal of Economics, Vol. 95, No. 1 (August 1980). 2 Bhagwati, J. N., and Srinivasan, T. N. On Reanalyzing the Harris Todaro Model: Rankings in the Case of Sector-Specific Sticky Wages,” American Economic Review, Vol. 64, No. 3 (06 1974). 3 Bhatia, K. B. Rural-Urban Migration and Surplus Labour,” Oxford Economic Papers, Vol. 31, No. 3 (November 1979). 4 Chenery, H. B., et al. Redistribution with Growth ( London : Oxford University Press, 1974). 5 Corden, W. M., and Findlay, R. Urban Unemployment, Intersectoral Capital Mobility and Development Policy,” Economica, Vol. 42, No. 165 (February 1975). 6 Das-Gupta, A., and Gang, I. N. A Framework for Analyzing Economies with Wage Differentials,” Rivista Internazionale di Scienze Economiche e Commerciale, forthcoming. 7 Field, G. S. Rural-Urban Migration, Urban Unemployment, and Job-Search Activities in LDCs,” Journal of Development Economics, Vol. 2, No. 2 (1975). 8 Field, G. S. Poverty, Inequality and Development ( London : Oxford University Press, 1980). 9 Gang, I. N., and Gangopadhyay, S. A Note on Optimal Policies in Dual Economies,” Quarterly Journal of Economics, Vol. 100, Supplement (1985). 10 Gillis, M.; Perkins, D. H.; Roemer, M.; and Snodgrass, D. R. Economics of Development ( New York : W. W. Norton, 1983). 11 Harris, J. R., and Todaro, M. P. Migration, Unemployment and Development: A Two-Sector Analysis,” American Economic Review, Vol. 60, No. 1 (March 1970). 12 Heady, C. J. Shadow Wages and Induced Migration,” Oxford Economic Papers, Vol. 33, No. 1 (March 1981). 13 International Labour Office. Employment, Incomes and Equality: A Strategy for Increasing Productive Employment in Kenya ( Geneva : International Labour Office, 1972). 14 Lele, U., and Mellor, J. W. Technological Change, Distributive Bias and Labour Transfer in a Two Sector Economy,” Oxford Economic Papers, Vol. 33, No. 3 (November 1981). 15 Lewis, W. A. Economic Development with Unlimited Supplies of Labour,” Manchester School of Economics and Social Studies, Vol. 22, No. 2 (May 1954). 16 Mazumdar, D. Paradigms in the Study of Urban Labour Markets in LDCs, World Bank Staff Working Paper N. 366 ( Washington , D.C. : International Bank for Reconstruction and Development, 1979). 17 Neary, J. P. On the Harris-Todaro Model with Intersectoral Capital Mobility,” Economica, Vol. 48, No. 191 (August 1981). 18 Ranis, G., and Fei, J. C. H. A Theory of Economic Development,” American Economic Review, Vol. 51, No. 4 (September 1961). 19 Robinson, J. Essays in the Theory of Employment ( Oxford : B. Blackwell, 1947). 20 Sen, A. K. Peasants and Dualism with or without Surplus Labour,” Journal of Political Economy, Vol. 74, No. 5 (October 1966). 21 Sen, A. K. Employment, Technology and Development ( Delhi : Oxford University Press, 1975). 22 Zylberberg, A. Migration Equilibrium with Price Rigidity: The Harris and Todaro Model Revisited,” Journal of Economic Theory, Vol. 37, No. 2 (December 1985). Citing Literature Volume25, Issue3September 1987Pages 203-219 ReferencesRelatedInformation