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 JAMP  Vol.5 No.9 , September 2017
A Model of Optimal Development for an Economy with an Informal Sector
Abstract: The paper addresses the question of optimal development of a developing economy. The framework presented, it is believed, can be of help in thinking about policies relating, inter alia, to population growth, inter-sectoral migration, agriculture-industry relationship, wages in different sectors, and income distribution in an inter-connected way in the context of optimal development of an economy with an informal sector.
Cite this paper: Bhattacharya, P. (2017) A Model of Optimal Development for an Economy with an Informal Sector. Journal of Applied Mathematics and Physics, 5, 1808-1824. doi: 10.4236/jamp.2017.59153.
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