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This study aims at identifying the socio-economic characteristics and structural change of regions in the new Member States of the European Union. The convergence and growth are central aspects of this investigation. The analysis focuses on the following points: a) highlighting the extent and...
Persistent link: https://www.econbiz.de/10011157462
The study aims to identify socio-economic characteristics and structural change of regionsin the new European Union Member States. The convergence and growth are central aspectsof the investigation. In this context, it intends to pursue a dual track analysis: a) highlight theextent and causes of...
Persistent link: https://www.econbiz.de/10011158251
By exploring the implications of a Multi-Sector Thirlwall’s Law, this paper reports empirical exercises that contribute to an understanding of the relationship between structural change, external constraint and growth in Brazil in the 1962-2006 period. Given the sectoral nature of these...
Persistent link: https://www.econbiz.de/10009357818
Literature on growth accounting has generally introduced productivity to explain the growth of services. One of the most conventional statements in economics, with regard to the services sector suggests that, as a whole, this sector has a lower productivity level than the other productive...
Persistent link: https://www.econbiz.de/10010698408
This paper examines the emergence of manufacturing in developing countries in the period 1950-2005. It presents new data on structural change in a sample of 63 developing countries and 16 advanced economies. Industrialisation is seen as a single global process of structural change, in which...
Persistent link: https://www.econbiz.de/10010712255
Human capital is identified as one of the main determinants of economic growth and plays an important role in the technological progress of countries. Nevertheless, existing studies have to some extent neglected the importance of human capital on growth via the interaction it can have with a...
Persistent link: https://www.econbiz.de/10011071605
The paper develops a multi-sectoral growth model that links a Post-Keynesian macro-framework to an evolutionary modelling of technical change and industrial dynamics. Following Pasinetti 1981 and Verspagen 1993, we assume that sectors are integrated such that the dynamics of each sectors? demand...
Persistent link: https://www.econbiz.de/10011164409
The aim of this paper is to account for both the short-run fluctuations and the very-long run transformations induced by technological change in analysing long-run growth patterns. The paper investigates the possible imprint left by short-run fluctuations on the long run dynamics by affecting...
Persistent link: https://www.econbiz.de/10008784879
By exploring the implications of a Multi-Sector Thirlwall’s Law, this paper reports empirical exercises that contribute to an understanding of the relationship between structural change, external constraint and growth in Brazil in the 1962-2006 period. Given the sectoral nature of these...
Persistent link: https://www.econbiz.de/10010933646
This study examines the effect of structural change on productivity growth in the manufacturing industries in Turkey, for the period of 1980-2008, where the export led industrialization strategies have been applied. The study defined structural change as the movement of factor inputs, from...
Persistent link: https://www.econbiz.de/10010676196