Narrow search
Showing 1 - 10 of 2,308
Cover Image
New Views Of Structural Transformation : Insights From Recent Literature
Gollin, Douglas; Kaboski, Joseph Paul - National Bureau of Economic Research - 2023
This paper describes an emerging literature in economics that aims to merge macro issues of structural change and growth with micro data and analysis. This literature focuses on a set of related patterns of change that accompany the processes of growth and development. Traditionally, the focus...
Persistent link: https://www.econbiz.de/10014437036
Cover Image
A Framework for Economic Growth with Capital-Embodied Technical Change
Jones, Benjamin F.; Liu, Xiaojie - National Bureau of Economic Research - 2022
Technological advance is often embodied in capital inputs. This paper develops a model where capital innovations occur on two margins: (1) vertically, where a capital input becomes more productive at a given task; and (2) horizontally, where a capital input replaces labor at a given task. These...
Persistent link: https://www.econbiz.de/10013388815
Cover Image
Investing with the Government : A Field Experiment in China
Colonnelli, Emanuele; Li, Bo; Liu, Ernest - National Bureau of Economic Research - 2022
We study the demand for government participation in China's venture capital and private equity market. We conduct a …
Persistent link: https://www.econbiz.de/10013334380
Cover Image
Structural Change, Fundamentals and Growth : A Framework and Case Studies
McMillan, Margaret - 2017
Developing countries made considerable gains during the first decade of the 21st century. Their economies grew at unprecedented rates, resulting in large reductions in extreme poverty and a significant expansion of the middle class. But more recently that progress has slowed with an economic...
Persistent link: https://www.econbiz.de/10012455303
Cover Image
Agricultural Diversity, Structural Change and Long-run Development : Evidence from the U.S
Fiszbein, Martin - 2017
This paper examines the role of agricultural diversity in the process of development. Using data from U.S. counties and exploiting climate-induced variation in agricultural production patterns, I show that mid-19th century agricultural diversity had positive long-run effects on population...
Persistent link: https://www.econbiz.de/10012455494
Cover Image
External Integration, Structural Transformation and Economic Development : Evidence from Argentina 1870-1914
Fajgelbaum, Pablo - 2014
This paper uses the natural experiment of Argentina's integration into world markets in the late-nineteenth century to provide evidence on the role of internal geography in shaping the effects of external integration. We develop a quantitative model of the distribution of economic activity...
Persistent link: https://www.econbiz.de/10012458449
Cover Image
From “Made in China” to “Innovated in China” : Necessity, Prospect, and Challenges
Wei, Shang-Jin - 2016
relatively favorable demographic pattern in combination with market-oriented reforms and openness to the world economy, China is …, we assess the likelihood that China can make the necessary transition. Using data on expenditure on research and …
Persistent link: https://www.econbiz.de/10012455826
Cover Image
The Economy of People’s Republic of China from 1953
Cheremukhin, Anton - 2015
This paper studies growth and structural transformation of the Chinese economy from 1953 to 2012 through a lens of a two-sector growth model. The main goal of the paper is to provide a systematic analysis of both the pre-1978 reform and post-1978 reform periods in a unified framework. First, we...
Persistent link: https://www.econbiz.de/10012457271
Cover Image
China's Macroeconomic Development : The Role of Gradualist Reforms
Chen, Kaiji; Zha, Tao - National Bureau of Economic Research - 2023
This paper reviews recent literature on China's macroeconomic development, emphasizing the critical role of the … gradualist approach over the past four decades. Beyond China's structural transformation, we explore various aspects such as high … illustrates how China's gradual policy reforms, amidst highly imperfect financial markets, have effectively helped spur GDP growth …
Persistent link: https://www.econbiz.de/10014322782
Cover Image
Spatial Structural Change
Eckert, Fabian; Peters, Michael - National Bureau of Economic Research - 2022
Between 1880 and 1920, the US agricultural employment share fell from 50% to 25%. However, despite aggregate demand shifting away from their sector of specialization, rural labor markets saw faster wage growth and industrialization than non-agricultural parts of the US. We propose a spatial...
Persistent link: https://www.econbiz.de/10013388845