PubMed · 12313417
Migration, unemployment and development: a dynamic two-sector analysis.
Abstract
"A time-minimizing problem of attaining a full employment state is solved in a dual-economy model with [the] Harris-Todaro migration mechanism and with a positive level of urban unemployment in the starting period. It appears that the optimum solution lies in the specialization of investment in the urban sector at least in the initial stage of development if the per-capita stock in the urban sector is very small in the starting period."
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M R Gupta. 1984. Migration, unemployment and development: a dynamic two-sector analysis.. https://doi.org/10.1016/0165-1765(84)90160-5
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