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Diversity of development paths and structural transformation in historical perspective : an introduction / Martin Andersson and Tobias Axelsson -- Structural change and catching up : the relative small country advantage / Lennart Schön -- The latecomer advantages and disadvantages : a new...
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Structural change consists of the long-term changes in the sectoral composition of output and employment. We introduce a structural change perspective to the study of income inequality in 27 countries of the developing world for the period 1960-2010. The service sector has become the main...
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While the income per capita in the developing world since the turn of the Millennium has grown faster than that of the developed world, the question whether there is an ongoing process of catching up between countries remains. The notion of income convergence has provided many insights into the...
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