Rada, Codrina; Schiavone, Ansel; Von Arnim, Rudiger - 2021
as the result of structural change. Structural change is defined as an exogenous increase in the employment share of … change as proxied by the employment share of stagnant activities. Drawing on seminal theories of structural change, we label … model variants, the adverse effect of structural change on labor productivity leads to stagnation. However, only the Keynes …