4.5 Article

Life earnings and rural-urban migration

Journal

JOURNAL OF POLITICAL ECONOMY
Volume 112, Issue 1, Pages S29-S59

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UNIV CHICAGO PRESS
DOI: 10.1086/379942

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This paper is a theoretical study of rural-urban migration-urbanization-as it has occurred in many low-income economies in the postwar period. This process is viewed as a transfer of labor from a traditional, land-intensive technology to a human capital-intensive technology with an unending potential for growth. The model emphasizes the role of cities as places in which new immigrants can accumulate the skills required by modern production technologies.

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