In this study, we seek to understand the patterns of structural change, labor productivity growth and convergence in … Groningen Growth and Development Center (2013) and utilize the shift and share analysis to investigate the contribution of … within shift, static shift and dynamic shift effects on growth of labor productivity. In the second part, we use the …

We study the relation between variety, market concentration, and economic growth, along different phases of economic … aspects of structural change, which are connected and are correlated to variety, market concentration, and economic growth: (i … that market concentration has a significant and positive impact on economic growth only in the presence of sufficiently …

This paper develops a tractable multi-sector endogenous growth model with labor market friction and human capital … accumulation to analyze the underlying link between economic growth and labor market institutions. The model, calibrated based on … unprecedentedly rapid economic growth, by enhancing human capital accumulation and facilitating physical capital formation. The …

Economic growth is driven by structural change. Structural change does not come without a cost, the most evident social … that the level of unemployment is different between the initial period and the long-run equilibrium growth path, and that …