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This paper investigates the relative importance of different channels in explaining the low share of industrial employment in Latin America relative to the economies that employ a large share of the workforce in industry. Differences in domestic final consumption shares play a pivotal role and...
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The Korean manufacturing sector has undergone active structural transformation in the past few decades. In particular, the composition of core manufacturing products has changed over time. In the 1970s, textiles, which are used to produce fabric, clothes, apparel, and shoes, were the main...
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This paper documents that structural change positively contributed to labor productivity growth in Guinea during 2006-15. However, the contribution of structural change to productivity growth was modest (about one percentage point per year on average), because labor moved from agriculture, the...
Persistent link: https://www.econbiz.de/10012297771
Ethiopia has achieved sustained high growth for more than a decade. At the same time, the country has been facing several economic challenges, including falling exports, chronic foreign currency shortages, as well as a slow pace of structural transformation. In recent years, the already...
Persistent link: https://www.econbiz.de/10012051824
Ghana has experienced a decade of solid and exceptionally high growth. Between 2005 and 2015, income nearly doubled. This paper analyzes the factors driving this impressive growth performance, using tools such as structural change decompositions and growth regressions. For the comparative...
Persistent link: https://www.econbiz.de/10012002718