Conceptualising rural-urban dynamics

Alex M Thomas

MPRA Paper from University Library of Munich, Germany

Abstract: This paper revisits the work of Richard Cantillon and Francois Quesnay in order to conceptualise the dynamics between rural and urban areas in an economy. Concepts of social surplus and economy as a circular flow are presented in order to highlight the interrelationship between the growth processes in the rural as well as urban areas. The paper concludes by pointing out the significance of the works of Cantillon and Quesnay.

Keywords: Economic growth; Cantillon; Quesnay; Urban; Rural (search for similar items in EconPapers)
JEL-codes: B12 O11 O18 R11 (search for similar items in EconPapers)
Date: 2011-01
New Economics Papers: this item is included in nep-ure
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Published in The India Economy Review 4.VII(2011): pp. 46-49

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28664

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