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What is Lewis model
Kshitij iit jee forum
Shubham Mishra
Title: 
What is Lewis model
Question:
What is Lewis model?
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Kshitij iit jee forum
gaurav gautam
Re: 
What is Lewis model
Answer:
27/08/2012
The dual-sector model is a model in developmental economics. It is commonly known as the Lewis model after its inventor Sir William Arthur Lewis, winner of the Nobel Memorial Prize in Economics in 1979. It explains the growth of a developing economy in terms of a labour transition between two sectors, the capitalist sector and the subsistence sector.


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