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Understanding how and why economies structurally transform as they grow is crucial for making sound national policy decisions. Typically, analysts who study this issue focus on sectoral shares of gross domestic product and employment. This paper extends those studies to include exports,...
Persistent link: https://www.econbiz.de/10012863212
Intersectoral linkages can act as shock propagation channels and shape the pattern of structural transformation. To our knowledge, no research has examined how subnational differences in intersectoral linkages impact such spillover effects. We hypothesize that regional differences in local...
Persistent link: https://www.econbiz.de/10014079410
We revisit Western Europe's record with labor-productivity convergence and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10014067497
The movement of workers from the farm sector to a more productive nonfarm sector has failed to generate significant gains in labor productivity in recent decades in many developing countries. This paper offers a new perspective into the barriers to growth-enhancing structural transformation,...
Persistent link: https://www.econbiz.de/10012519218
Intersectoral linkages can act as shock propagation channels and shape the pattern of structural transformation. To our knowledge, no research has examined how subnational differences in intersectoral linkages impact such spillover effects. We hypothesize that regional differences in local...
Persistent link: https://www.econbiz.de/10013332119
Abstract In the historical development experience of the world as a whole, there is an obvious kink around 1970s, i.e., the brief period around which the capitalist development has changed its course from industrialization to ‘tertiarisation'. The problem with India (and several other...
Persistent link: https://www.econbiz.de/10012836706
The authors revisit Western Europe's record with labor-productivity convergence and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and...
Persistent link: https://www.econbiz.de/10010263335
The structural shift in India’s services export since 2003-04 may be attributed to rapid expansion in international … possible co-integration and the direction of causality between software services export and non-software miscellaneous services … (business, financial, communication and other miscellaneous) export and economic growth during the period 2000-01:Q1-2008-09:Q4 …
Persistent link: https://www.econbiz.de/10012010638
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the …
Persistent link: https://www.econbiz.de/10014396928
Persistent link: https://www.econbiz.de/10014374992