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Rural-urban Migration and Economic Growth in Developing Countries

2004

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Abstract

Rural-urban migration has long been associated with economic development and growth in the economic literature. In particular, Todaro and Harris-Todaro-type probabilistic models that examine migration have concentrated on the expected wage disparities between rural and urban (formal) labor markets as a driving force behind migration decision. These models, which are static and partial equilibrium in nature, have virtually ignored the

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