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According to Lewis’s model, the dual economy grows only when
agricultural sector uses modern equipment.
agricultural sector hires labor economically.
modern manufacturing sector is labor-intensive.
Initially the dual-sector model as given by W. Arthur Lewis was enumerated in his article entitled "Economic Development with Unlimited Supplies of Labor" written in 1954, the model itself was named in Lewis's honor. First published in The Manchester School in May 1954, the article and the subsequent model were instrumental in laying the foundation for the field of development economics. The article itself has been characterized by some as the most influential contribution to the establishment of the discipline.
By: Barka Mirza ProfileResourcesReport error
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