The Re-examination of N. Kaldor on the Agriculture-Industry Growth Model : The Significance and Policy of His Model

[出版社版]This paper investigates the re-examination of N. Kaldor on the Agriculture-Industry two-sector growth model from the viewpoint of his vision and policy. Kaldor’s two-sector model remains half done because of his death. A great deal of effort has been made on his model such as Thirlwall, Targetti and Scott. What seems to be lacking, however, is that their previous studies don’t deal with Kaldor’s original ‘technical progress function’ as an endogenous factor in their two sector model. Therefore we introduce his ‘technical progress function’ and its inducement to investment function into his two sector model, and also we consider his various policies such as inflation and recession in 1970’s and dual exchange rate in Latin America, which are based on his social democratic vision. This paper is organized as follows: First chapter deals with the Introduction. Second chapter deals with Kaldor’s original two-sector model and our development of his model by introducing his ‘technical progress function’ into his original model. In addition, we refer to Lewis famous model about ‘unlimited supplies of Labour’ in relation to Kaldor’s. Third chapter deals with Kaldor’s policy based on his two-sector model which is combined with the technical progress function. Final chapter deals with this paper’s conclusion