The global financial crisis triggered by the subprime mortgage crisis in the United States in 2008 revealed the unsustainability of China’s export-led growth regime, which supported the country’s rapid economic growth for over 20 years. Today, the Chinese economy has been forced to break...

The purpose of this study is to empirically examine the relationship between structural change and economic growth in Japan during the past 40 years. While using the growth in real value added and labour productivity as measurement of economic growth, we consider the structural change in value...