"Structural Change and Economic Growth"(in Japanese)
This paper studies the empirical relationship between structural change and economic growth. Using long-term SNA data, by industry, we find a significantly positive relation between structural change and the growth rate for Japan and (West)Germany. Although such a relationship is not present for the United States in the post-war period, it can be found for the nineteenth and early twentieth century. We offer a brief discussion to explain such positive relationship between structural change and economic growth.
Year of publication: |
2000-12
|
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Authors: | Yoshikawa, Hiroshi ; Matsumoto, Kazuyuki |
Institutions: | Center for International Research on the Japanese Economy (CIRJE), Faculty of Economics |
Saved in:
freely available
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