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An Excursion into Methodology
Some Refractory Hypotheses
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agricultural sector alternative analysis approach assumed assumptions average Chapter Chenery Cobb-Douglas coefficients commodity constant consumption cost countries curve decrease defined domestic dualism economic development effects elasticity of substitution empirical employment equation equilibrium estimates example exogenous export instability factors of production farms firms foreign exchange given growth rate human capital hypothesis implies important income distribution increase industry inputs investment isoquant LDCs linkage macroeconomic marginal product maximization measured ment migration neoclassical nomic nonagricultural opportunity cost parameters percent permanent income planning production function profit function quantity rate of growth rate of return ratio regression relative respect returns to scale savings shadow prices social specific supply surplus labor Table tariff tariff rates technical efficiency technological change terms of trade theory tion trade creation trade diversion urban utility variables wage rate welfare Yotopoulos zero