We extend the methods developed by Hausmann and Klinger (2006) to measure and compare the dynamics of a country’s structural transformation and apply the methods to China, Malaysia, and Ghana over the period 1962–2000. The results show that the rate of structural transformation is...

This paper develops a metric of structural transformation that can account for the production of new varieties of goods embodying advancements in technological know-how and design. Our measure captures the dynamics of an economy’s transformation and can be viewed as an extension of the static...