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economic growth. Nevertheless the question whether economic growth causes structural change or change in the economic structure … causes aggregate growth is still unanswered. To shed some more light on this issue, this study examines a Grangercausality … test in a panel environment to determine the causality of economic growth and structural change measured either in terms of …
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This paper examines the income inequality implications of a 'premature deindustrialization' trend in middle-income countries. To identify the premature deindustrialization phase, we arrive at five conditions based on the trends in employment and value-added share of manufacture. Among these five...
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.S. declined because of asymmetric growth between the union and nonunion sectors. I show union density to increase in countries … experiencing strong manufacturing growth, and to decline in countries undergoing large women's increases in nonagricultural …
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This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth. …
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theory of development consistent with these three facts. I show that even when total factor productivity (TFP) growth and …Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow … gross output production in manufacturing implies a larger growth and volatility of TFP at the value added level in …
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