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Persistent link: https://www.econbiz.de/10012486523
The paper analyses the potential contribution of services as a driving force of economic growth in developing countries within a Kaldorian framework. In doing so, we revisit Kaldor Growth Laws and econometrically test them for a number of economic activities (including four service branches)...
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The scholarship on Global Value Chains is very recently recognising the increasing importance of fragmentation of production that involves services – and in particular business services – offshoring. A predominant stand by scholars emerges in this embryonic domain (Blinder, 2006; Gereffi and...
Persistent link: https://www.econbiz.de/10014128780
The paper offers a review of selected topics in the empirical literature on structural change and sustainability. We focus on aspects of structural change that directly affect emissions and energy intensity: changes of the sectoral composition of economies, trade and international fragmentation...
Persistent link: https://www.econbiz.de/10014108530
The paper analyses the effect of the dynamics of consumption preferences on the dynamics of macroeconomic growth. We endogenously derive microdynamics of consumption behaviour as a result of the increase in the number of income classes. The different degrees of inertia in the adjustment of...
Persistent link: https://www.econbiz.de/10012997299