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Differences in key features of the development process across rich and poor countries can provide clues to the sources of the large variation of cross-country income. Kuznets included structural transformation as one of six stylized facts of economic development, nding that developed countries...
Persistent link: https://www.econbiz.de/10010301726
Differences in key features of the development process across rich and poor countries can provide clues to the sources of the large variation of cross-country income. Kuznets included structural transformation as one of six stylized facts of economic development, nding that developed countries...
Persistent link: https://www.econbiz.de/10009642602
In what the authors name “a first pass through the data”, McMillan et al. (2014) have recently addressed the question: what determines the magnitude of growth-enhancing structural change - defined as gains to average labor productivity resulting from a reallocation of labor across sectors?...
Persistent link: https://www.econbiz.de/10011457230
This paper approaches inclusive development in South and South-West Asia through the framework of structural …
Persistent link: https://www.econbiz.de/10010903957
The paper provides quantitative estimates of the productive capacities of the countries in the Asia- Pacific region and … Asia and the Pacific 2011 and details the methodology used to create the productive capacity index. It finds that, except … from the region’s developed countries and emerging developing economies, the majority of the countries in the Asia …
Persistent link: https://www.econbiz.de/10010890746
This paper argues that the single most important factor that explains East Asia's development success was its fast … as the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …
Persistent link: https://www.econbiz.de/10011880537
The contemporary division of production in the global economy poses challenges typical for dependent market economies of the Visegrád countries (V4: Czechia, Hungary, Poland, and Slovakia). This comparative study explores whether the foreign trade of V4 with Germany contributes to their...
Persistent link: https://www.econbiz.de/10013502201
Many authors have estimated and found that the productivity growth in agriculture was higher than that in non-agriculture in today’s richest countries. Several papers suggested that growth in agricultural productivity was essential for today’s richest countries to take off early. However,...
Persistent link: https://www.econbiz.de/10010857155
Growth in South Asia has not resulted in structural transformation and increase of productive capacities. This paper … presents a methodology to identify the opportunities for countries in South Asia to build their productive capacities and … addition to its relevance to the formulation of inclusive development policies in South Asia, this paper contributes to the …
Persistent link: https://www.econbiz.de/10013076895
The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...
Persistent link: https://www.econbiz.de/10011807641