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- O-ring_theory_of_economic_development abstract "The O-ring theory of economic development is a model of economic development put forward by Michael Kremer in 1993, which proposes that tasks of production must be executed proficiently together in order for any of them to be of high value. The key feature of this model is positive assortative matching, whereby people with similar skill levels work together.The name comes from the 1986 Challenger shuttle disaster, a catastrophe caused by the failure of a single O-ring.Kremer thinks that the O-ring development theory explains why rich countries produce more complicated products, have larger firms and much higher worker productivity than poor countries.".
- O-ring_theory_of_economic_development wikiPageID "8365274".
- O-ring_theory_of_economic_development wikiPageRevisionID "590817231".
- O-ring_theory_of_economic_development subject Category:Economic_development.
- O-ring_theory_of_economic_development comment "The O-ring theory of economic development is a model of economic development put forward by Michael Kremer in 1993, which proposes that tasks of production must be executed proficiently together in order for any of them to be of high value.".
- O-ring_theory_of_economic_development label "O-ring theory of economic development".
- O-ring_theory_of_economic_development sameAs m.0270vvl.
- O-ring_theory_of_economic_development sameAs Q7072020.
- O-ring_theory_of_economic_development sameAs Q7072020.
- O-ring_theory_of_economic_development wasDerivedFrom O-ring_theory_of_economic_development?oldid=590817231.
- O-ring_theory_of_economic_development isPrimaryTopicOf O-ring_theory_of_economic_development.