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Home » Theories of Under Development » Rural-Urban Migration Model

 

Rural-Urban Migration Model:

 

Rural-Urban Migration Model is the model of dual economy which states that:

 

"Economies have a backward agricultural sector and have an advanced industrial sector. The backward sector has big amount of disguised unemployment, which by transferring to advanced sector can be utilized and process of capital formation can be started".

 

In this respect, we shall study three models: (Click the following any link to read full article)

 

(1) Lewis Model of Unlimited Supply of Labor.

 

(2) Fei-Ranis Model.

 

(3) M.P. Todaro's Model of Rural-Urban Migration.

 

Relevant Articles:

 

» Nurkse's Model of Vicious Circle of Poverty (VCP)
» Nelson's Low Level Equilibrium Trap
» Leibenstein's Critical Minimum Effort
» Big Push Theory By Rosenstein Rodan
» Linear Stages Theory and Rostow's Stages of Economic Growth
» Harrod-Domar (H-D) Growth Model
» Adelman and Morris Stage Theory
» International Structuralist Models
» Dualism and the Concept of Dual Societies
» Dualistic Theories
» Rural-Urban Migration Model
» Neo-Classical Counter Revolution Theory
» Traditional and Modern Growth Theories
» Romer's Model of Endogenous Growth Theory
 

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