Chai, Andreas; Moneta, Alessio - In: Journal of Economics and Statistics (Jahrbuecher fuer … 234 (2014) 2-3, pp. 299-327
The tendency of sectoral demand to satiate has long been argued to be a key driver of the structural change in an economy (Pasinetti 1981; Saviotti 2001). This literature raises the question as to what extent cross-sectional patterns of household expenditure can be used to make inferences about how...