Bhattacharyya, Sambit; Williamson, Jeffrey G. - 2009
Denmark, Greece, Norway, Portugal, Russia, Sweden, Serbia,
and Spain.
3
The Latin American exceptions were Brazil, Colombia … labour markets.
The structural change index is constructed using the formula S
t
= Σ
i
w
i
|g
i,t
− g
t
| ,
where w
i … after. In short, either labour markets have not responded with sufficient power to
create deindustrialization during the …