Key features of the Mozambican economy are synthesized in this paper based on a new 1995 social accounting matrix. Particular attention is paid to the critical role of home consumption and large marketing margins. The fundamental importance of agricultural development emerges clearly from the...

This study develops a new analytical framework to account for sources of rapid economic growth in China. The traditional Solow approach is expanded to include another source of economic growth-structural change. The empirical results show that structural change has contributed to growth...