This study first provides an outline of Kaldor's growth model and then tests its relevance to the economic experience … manufacturing is the engine of economic growth, whereas the second proposition, also known as Verdoorn's law, asserts that there is … a strong positive casual relationship between manufacturing productivity growth and output growth, due to static and …

Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of … productivity growth, dynamic panel estimations are applied to a standard growth model modified to include specific structural … results give empirical substance to the evolutionary emphasis on Schumpeterian development as opposed to mere aggregate growth. …

demonstrate how oil wealth may go hand in hand with structural change in the future. -- Transformation ; growth ; structural …

Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of … productivity growth, dynamic panel estimations are applied to a standard growth model modified to include specific structural … results give empirical substance to the evolutionary emphasis on Schumpeterian development as opposed to mere aggregate growth. …

economy model. Conditions under which factor reallocation is growth-enhancing are derived. An empirical error …

prices on growth. In the short run, growth is hampered by increasing energy prices. In the long run, however, capital … inputs where growth increases with rising energy prices. In the empirical part, estimations using di¤erent channels and …, they can even be positive for growth. …

network in amplifying sectoral dynamics on aggregate trend gross domestic product growth. This allows us to study the impact … of sectoral labor input and total factor productivity trend growth variation on the persistent decline in long-run output … growth. Our estimation reveals that sector-specific developments have historically accounted for half of this long …