Differences in key features of the development process across rich and poor countries can provide clues to the sources of the large variation of cross-country income. Kuznets included structural transformation as one of six stylized facts of economic development, nding that developed countries...

This study investigates the economic growth and catch-up of the Republic of Korea over the past half-century. The gap of output per worker between the Republic of Korea and United States has decreased rapidly, as the Republic of Korea's lower per capita income, relative to its potential level,...

This paper analyzes the reasons for the middle income trap in Latin America, where countries have been at the middle income level for decades, and draws out lessons for Asia. The middle income trap captures a situation where a middle income country can no longer compete internationally in...

Based on Schumpeterian theoretical considerations, this paper investigates the innovation behavior of firms during the severe economic crisis of the year 2008/2009. It focuses on transition countries of Central and Eastern Europe and Central Asia, which have completely restructured their...

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...

The transition paths from plan to market have varied markedly across countries. Central and Eastern European and the Baltic countries, which opted for a fast and profound transformation of their institutions including business climates, rapidly narrowed the productivity gap with advanced...

China, Indien und Korea sind aufgrund ihrer Wachstumsdynamik, aber vor allem auch als Konkurrenten und Kooperationspartner auf den Technologiemärkten in den weltweiten Fokus gerückt. Auslösendes Moment für den technologischen Aufholprozess war die Öffnung für ausländische Unternehmen und...

Die Bedeutung der forschungsintensiven Industrie für die gesamtwirtschaftliche Entwicklung ist in keinem anderen großen OECD-Land so hoch wie in Deutschland. Im Zuge der Finanz- und Wirtschaftskrise 2008/2009 kam es aber gerade in diesem Bereich zu starken Produktionseinbrüchen. Dieser...

The paper analyzes the process of Brazilian deindustrialization from the perspective of the transformations occurred in the global economic system in the last three decades. Realizes the performance of the Brazilian industry in the international economy from the technological, productive,...

The theoretical analysis of structural changes in the context of economic growth has a long tradition. However, studies which analyze the empirical relationship between these two economic categories are still very rare. In the literature, whether growth causes structural changes or the other way...