Keywords: Borrowing constraints
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Journal Articles
Indian Growth and Development Review (2011) 4 (2): 100–122.
Published: 27 September 2011
... areas is not eliminated and migration is persistent. Third, borrowing constraints limit the size of rural non‐farm businesses and slow down the development of rural industry. The fourth and final point is that, migration costs discourage labor mobility and reduce the quantities of both permanent...

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