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Dual-sector model
The dual-sector model is a model in developmental economics. It is commonly known as the Lewis model after its inventor W. Arthur Lewis. It explains the growth of a developing economy in terms of a labour transition between two sectors, the capitalist sector and the subsistence sector.
==History==
Initially the dual-sector model as given by W. A. 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 developmental economics. The article itself has been characterized by some as the most influential contribution to the establishment of the discipline.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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