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This paper quantitatively compares Middle East and North African (MENA) countries’ growth patterns with those of a sample of middle-income countries. Three complementary sets of growth determinants are tested: accumulation, institutions and structural change. After having estimated the model...
Persistent link: https://www.econbiz.de/10011100171
The paper uses available data to compare and analyzes the relationships between structural change and economic growth in four OIC member countries (Indonesia, Malaysia, Nigeria and Turkey). The paper uses descriptive statistics to analyze and compare structural transformation in the study...
Persistent link: https://www.econbiz.de/10011109259
Persistent link: https://www.econbiz.de/10005028404
Purpose – The aim of this paper is to contribute to the literature on balance-of-payments-constrained growth by providing an innovative empirical evaluation of a disaggregated version of the so-called Thirlwall's Law derived from a Pasinettian multisectoral framework....
Persistent link: https://www.econbiz.de/10010684927
The purpose of this paper is to develop a simple model of an economy in which growth is driven by a combination of exogenous technical change in agriculture as well as by a rising world demand for labor-intensive manufactured exports. We explore the relative roles of agricultural innovation and...
Persistent link: https://www.econbiz.de/10005091194
This paper highlights a new fact about structural change by focusing on the dynamics of the capital income share at the sectoral level. That is, the capital income share in services decreases steadily while that in the manufacturing sector increases over time. I develop a two-sector growth model...
Persistent link: https://www.econbiz.de/10010594115
Persistent link: https://www.econbiz.de/10004065350
Persistent link: https://www.econbiz.de/10004685699
A sizable literature claims that female labor force participation (FLFP) follows a U-shaped trend as countries develop due to structural change, education, and fertility dynamics. We show that empirical support for this secular trend is feeble and depends on the data sources used, especially GDP...
Persistent link: https://www.econbiz.de/10010845534