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Understanding the structural change in catching-up regions and the spatial distribution of economic sectors is essential for designing comprehensive policy strategies to promote balanced economic development. This study examines the economic restructuring of the 11 central and eastern European...
Persistent link: https://www.econbiz.de/10015419692
The separation of security and economic objectives in foreign policy, which was often sought in international political issues in the past, has outlived its usefulness. The transition to a more power-based order can be felt around the world. International economic instruments and agreements are...
Persistent link: https://www.econbiz.de/10015358423
Persistent link: https://www.econbiz.de/10010314237
The dairy sector in the CEC countries had to cope with tremendous adjustment pressures in the 90ies. Privatization and liberalization contributed to intense competition on the CEC countries' dairy market. Major problems that impede the competitiveness of this sector are a considerable...
Persistent link: https://www.econbiz.de/10015079354
The European Union is a successful integration experiment, with an increasing number of member countries and an unexpected depth of integration. According to many indicators, it is the largest economic region in the world, leading in many "beyond GDP" indicators representing well being including...
Persistent link: https://www.econbiz.de/10011435384
Structural transformation in most currently developing countries takes the form of a rapid rise in services but limited industrialization. In this paper, we propose a new methodology to structurally estimate productivity growth in service industries that circumvents the notorious difficulties in...
Persistent link: https://www.econbiz.de/10014474491
In economic development, structural change among the three main sectors of an economy accompanies with aggregate economic growth. Nevertheless the question whether economic growth causes structural change or change in the economic structure causes aggregate growth is still unanswered. To shed...
Persistent link: https://www.econbiz.de/10010266660
Schumepterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in...
Persistent link: https://www.econbiz.de/10010273506
Persistent link: https://www.econbiz.de/10011435107
Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation...
Persistent link: https://www.econbiz.de/10011435155