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Promoting growth-enhancing structural change : evidence from a panel of African, Asian, and Latin American countries
Trenczek, Jan - 2016 - This version: April 2016
In what the authors name “a first pass through the data”, McMillan et al. (2014) have recently addressed the question: what determines the magnitude of growth-enhancing structural change - defined as gains to average labor productivity resulting from a reallocation of labor across sectors?...
Persistent link: https://www.econbiz.de/10011457230
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Changing income inequality and structural transformation : the case of Botswana 1921 - 2010
Hillbom, Ellen; Bolt, Jutta - 2015
In Sub-Saharan Africa we find some of the highest levels of income inequality in the world. Nevertheless, we generally …
Persistent link: https://www.econbiz.de/10010486877
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Asia's industrial transformation : the role of manufacturing and global value chains
Felipe, Jesus - 2018
This paper argues that the single most important factor that explains East Asia's development success was its fast … as the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …
Persistent link: https://www.econbiz.de/10011880537
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The Republic of Korea's economic growth and catch-up : implications for the People's Republic of China
Lee, Jong-Wha - 2016
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,...
Persistent link: https://www.econbiz.de/10011471510
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The deep determinants at more subtle stages of development : the example of the middle-income trap phenomenon
Glawe, Linda; Wagner, Helmut - 2017
The so-called 'deep determinants' of economic growth and development (namely, geography, institutions, and integration) have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by many empirical studies. However, so far, very little has...
Persistent link: https://www.econbiz.de/10012205937
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The two waves of service-sector growth
Eichengreen, Barry; Gupta, Poonam - 2009
The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...
Persistent link: https://www.econbiz.de/10003832280
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Culture, diffusion, and economic development
Harutyunyan, Ani; Özak, Ömer - 2016
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10011528503
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The deep determinants of economic development in China : a provincial perspective
Glawe, Linda; Wagner, Helmut - 2018 - (updated version)
There is a significant body of literature arguing that institutional quality is the key for long run economic growth and development. While the majority of these studies are based on cross-country growth regression, in our paper, we focus on the institution-economic growth nexus within a...
Persistent link: https://www.econbiz.de/10012205955
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Trends and patterns of growth, development, achievements of China and India : a comparative analysis
Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2016
Even before the onset of the 2008 global financial crisis and ongoing European debt crisis, much attention has been given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained unprecedented growth and economic development-PRC and...
Persistent link: https://www.econbiz.de/10011444894
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Pre-industrial and post-war economic development : is there a link?
Burkett, John P.; Humblet, Catherine; Putterman, Louis G. - 1997
What became the post-War era's "less developed countries" (LDCs) varied enormously in their pre- modern or pre-industrial economic conditions. We hypothesize that if these countries are arrayed on a continuum of pre-industrial development such as that of the demographer Ester Boserup, countries...
Persistent link: https://www.econbiz.de/10011504438