Traditional structural change theories study the dynamics of inter-sector labour-reallocation in autarky models. We analyse how model-results change if open economy setting is assumed, where we focus on the impacts of intermediate trade in a multi-sector growth model with capital accumulation....

Population-ageing is one of the traditional topics of development and growth theory and a key challenge to most modern societies. We focus on the following aspect: Population-ageing is associated with changes in demand-structure, since demand-patterns change with increasing age. This process...

Heterogeneous goods are produced by heterogeneous sectors in an economy. The fact that there is inter-sectoral technology-heterogeneity is named technology-bias. The technology-bias is well documented and has important theoretical implications for economic growth and unemployment. We provide a...