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Structural change out of agriculture: labor push versus labor pull
Alvarez-Cuadrado, Francisco; Poschke, Markus - 2009
The process of economic development is characterized by substantial rural-urban migrations and a decreasing share of agriculture in output and employment. The literature highlights two main engines behind this process of structural change: (i) improvements in agricultural technology combined...
Persistent link: https://www.econbiz.de/10010269344
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Can oil-led growth and structural change go hand in hand in Ghana? A multi-sector intertemporal general equilibrium assessment
Breisinger, Clemens; Diao, Xinshen; Wiebelt, Manfred - 2012
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010283292
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Can Oil-led Growth and Structural Change Go Hand in Hand in Ghana? A Multi-sector Intertemporal General Equilibrium Assessment
Breisinger, Clemens; Diao, Xinshen; Wiebelt, Manfred - Institut für Weltwirtschaft (IfW) - 2012
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010886853
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Structural Change and Growth in a NEG model
Cerina, F.; Mureddu, F. - Centro Ricerche Nord Sud (CRENoS) - 2011
This paper presents a New Economic Geography model of structural change, agglomeration and growth. By assuming the same … time. Second, the introduction of non-homotheticity introduces a new channel through which growth is affected by trade … costs and agglomeration. In particular, integration is always growth-enhancing while agglomeration is growth-detrimental. …
Persistent link: https://www.econbiz.de/10009325295
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Can oil-led growth and structural change go hand in hand in Ghana?
Breisinger, Clemens; Diao, Xinshen; Wiebelt, Manfred - In: Journal of Policy Modeling 36 (2014) 3, pp. 507-523
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010785251
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On the interaction of growth, trade and international macroeconomics
Struck, Clemens C. - 2017
Standard economic theories have severe difficulties in simultaneously explaining a number of key aggregate empirical facts: i) there are substantial differences in capital-labor ratios across time ii) despite continuously increasing capital-labor ratios, both factors still earn non-negligible...
Persistent link: https://www.econbiz.de/10011742669
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Lobbying for industrialization : theory and evidence
Veselov, Dmitriy; Yarkin, Alexander - 2024
Industrial policies, such as infrastructure investments and export tariffs, affect the allocation of labor and incomes across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change and lobbying remains underexplored. Using more than...
Persistent link: https://www.econbiz.de/10014575605
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Lobbying for industrialization : theory and evidence
Veselov, Dmitriy; Yarkin, Alexander - 2024
Industrial policies, such as infrastructure investments and export tariffs, affect the allocation of labor and incomes across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change and lobbying remains underexplored. Using more than...
Persistent link: https://www.econbiz.de/10014557744
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Lobbying for industrialization : theory and evidence
Veselov, Dmitriy; Yarkin, Alexander - 2024
Industrial policies, such as infrastructure investments and export tariffs, affect the allocation of labor and incomes across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change and lobbying remains underexplored. Using more than...
Persistent link: https://www.econbiz.de/10014545117
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Structural change ramififications of consumer credit expansion in a two sector growth model
Uğurlu, Esra Nur - 2021
growth model. Policy-induced increases in banks' willingness and ability to lend result in new consumer lending, boosting …
Persistent link: https://www.econbiz.de/10012603873