Economic structure transformation is widely recognized as a crucial role in sustainable development. However, the existing literature almost focused on the change inside certain economic areas and ignored the external relationship. This raises the question about the role of factors outside in...

The research measures the driving force of innovation in economic structure transition. In order to change the pattern of economic development, China is implementing a strategy of innovation-driven development. China's capacity of innovation has been increasing, especially since 2012, and...

Over the past 30 years (1990-2019), African economies have experienced remarkable improvements in real macroeconomic conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper documents and seeks to explain these changes at...

Objective: The objective of the article is the examination of factors that affect structural convergence and assessing their robustness. Research Design & Methods: Determinants of structural similarity are examined using the Bayesian model averaging with dilution prior to establishing robust...