the recent literature. -- Growth ; structural change …

This paper analyzes the effects of structural change on the rates of growth of wages, employment and per-capita income … by the varying shares of sectoral employment in total employment. It is shown that the growth rates of GDP and per … different growth dynamics: high but falling growth rates under dualistic development with labour surplus, low but rising growth …

This paper analyzes the effects of structural change on the rates of growth of wages, employment and per-capita income … by the varying shares of sectoral employment in total employment. It is shown that the growth rates of GDP and per … different growth dynamics: high but falling growth rates under dualistic development with labour surplus, low but rising growth …

growth model. Policy-induced increases in banks' willingness and ability to lend result in new consumer lending, boosting …

This paper develops a stylized multi-sector growth model of China's economy. We choose a neoclassical modeling approach … and focus on the reform process under Deng Xiaoping as China's main growth driver since 1978. Following the literature, we …-trade reform period (1992-present). Reflecting the neoclassical view, our model explains China's growth process since 1978 as a …

sector. This discrepancy in technological proximity between sectors influences the differential productivity growth rates in …