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Big push model

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The hallmark of the ‘big-push’ approach lies in the reaping of external economies through the simultaneous installation of a host of technically interdependent industries. But before that could become possible, we have to overcome the economic indivisibilities by moving forward by a certain “minimum
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indivisible step”. This can be realised through the injection of an initial big dose of a certain size of investment.
839: 59: 49: 938: 932: 924: 1240: 883: 833: 363: 353: 1286: 243: 949: 996:'s decision whether to industrialize or not depends on the expectation of what other firms will do. It assumes 812: 550: 505: 358: 127: 71: 565: 515: 323: 313: 273: 263: 170: 93: 1260: 1187: 685: 530: 268: 208: 165: 112: 500: 1218: 1181: 1012: 985: 819: 475: 460: 318: 258: 238: 233: 570: 392: 343: 308: 248: 213: 117: 107: 54: 1255: 796: 605: 465: 427: 368: 293: 283: 253: 180: 88: 1164:
PN Rosenstein-Rodan, 1943: The Problems of Industrialisation of Eastern and South-Eastern Europe.
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KM Murphy, A Shleifer, RW Vishny, 1989: Industrialization and the Big Push.
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P Krugman, 1992: Toward a counter-counterrevolution in development theory.
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K Matsuyama, 1992: The market size, Entrepreneurship, and the Big Push.
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Proceedings of the World Bank Annual Conference on Development Economics
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The major contributions to the concept of the Big Push were made by
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Analysis of this economic model usually involves using
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A concept of development economics or welfare economics
937:but its sources remain unclear because it lacks 1203: 891: 8: 1004:market structure. It also explains when the 1210: 1196: 1188: 898: 884: 18: 1139: 1096:P Krugman, 1991: History vs Expectation. 968:Learn how and when to remove this message 1124:"Increasing Returns and Long-Run Growth" 1246:Ragnar Nurkse's balanced growth theory 1221: : Partial Theories of Development 30: 1070:Ragnar Nurkse's balanced growth theory 1027:in 1989. Also, some contributions of 7: 1266:Fei–Ranis model of economic growth 1098:The Quarterly Journal of Economics 1075:Virtuous circle and vicious circle 14: 1116:The Journal of Political Economy 992:that emphasizes the fact that a 914: 865: 853: 38: 140:Concepts, theory and techniques 1241:Critical minimum effort theory 1: 1251:Strategy of unbalanced growth 1080:Strategy of unbalanced growth 1178:Vol. 46(5), pp. 894–908 1128:Journal of Political Economy 1118:Vol. 97, pp. 1003–1026 1303: 1226: 1060:Rostow's stages of growth 1176:American Economic Review 1015:in 1943 and later on by 923:This article includes a 128:JEL classification codes 952:more precise citations. 314:Industrial organization 171:Computational economics 166:Experimental economics 1261:Technological dualism 1219:Development Economics 1182:UN Millennium Project 1013:Paul Rosenstein-Rodan 986:development economics 1166:The Economic Journal 1122:Romer, Paul (1986). 393:Social choice theory 860:Business portal 181:Operations 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