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development quest. The sample includes Brazil, India, Vietnam and four African countries -- Botswana, Ghana, Nigeria, and Zambia …
Persistent link: https://www.econbiz.de/10012957710
In this paper, Arbache, Go, and Page examine the recent acceleration of growth in Africa. Unlike the past, the performance is now registered broadly across several types of countries-particularly the oil-exporting and resource-intensive countries and, in more recent years, the large- and...
Persistent link: https://www.econbiz.de/10012772699
This paper presents evidence suggesting that the relationship between income and economic structure is shifting over time, with countries across the income distribution uniformly increasing the share of labor in service sectors and an increasingly less stark relationship between manufacturing...
Persistent link: https://www.econbiz.de/10012968717
Empirical evidence indicates that in many developing regions, the extreme poor in more marginal land areas form a "residual" pool of rural labor. Structural transformation in such developing economies depends crucially on labor and land use decisions of these most-vulnerable populations located...
Persistent link: https://www.econbiz.de/10012974378
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/10012865512
Drawing on international trade data, this paper uses the product space approach to analyze changes in Morocco?s goods exports in 1990?2010 and future export priorities. The level of Morocco?s gross domestic product and its moderate growth match the predictions of product space analysis, informed...
Persistent link: https://www.econbiz.de/10012970837
One of the most striking features of economic growth is the process of structural change whereby the share of agriculture in GDP decreases as countries develop. The cross-country growth literature typically estimates an aggregate homogeneous production function or convergence regression model...
Persistent link: https://www.econbiz.de/10012974669
Active economic policies by developing countries? governments to promote growth and industrialization have generally been viewed with suspicion by economists, and for good reasons: past experiences show that such policies have too often failed to achieve their stated objectives. But the...
Persistent link: https://www.econbiz.de/10012976530
This paper develops a dynamic general equilibrium model to explore industrial evolution and economic growth in a closed developing economy. The authors show that industries will endogenously upgrade toward the more capital-intensive ones as the capital endowment becomes more abundant. The model...
Persistent link: https://www.econbiz.de/10012976782
Two long-established stylized facts in the urban and development economics literatures are that: (a) a country's level of economic development is strongly positively correlated with its level of urbanization; and (b) a country's level of urbanization is strongly negatively correlated with the...
Persistent link: https://www.econbiz.de/10012959138