Browsing Harvard Kennedy School by Author "Zhang, Pengfei"

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Development Strategy and Economic Institutions in Less Developed Countries

Lin, Justin Yifu; Zhang, Pengfei (Center for International Development at Harvard University, 2007-03)

In this paper, we construct a three-sector model to explore the politically determined development objectives and the intrinsic logic of government intervention policies in less developed countries (LDCs). We argue that ...
Development Strategy, Optimal Industrial Structure and Economic Growth in Less Developed Countries

Lin, Justin Yifu; Zhang, Pengfei (Center for International Development at Harvard University, 2007-07)

In this paper, we develop an endogenous growth model that combines structural change with repeated product improvements. There are two sectors in the present paper, one is traditional sector, and the other is modern sector. ...