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In this paper, we analyse the role of structural transformation in view of the remarkable growth performance of sub-Saharan African countries since the mid-1990s. Our analysis covers 41 African countries over the period 1980 to 2014 and accounts for structural transformation by employing the...
Persistent link: https://www.econbiz.de/10011729360
We examine the Kuznets postulate that structural transformation leads to higher inequality using comparable panel data for a large number of developing and developed countries for 1960-2012. Countries are in different stages of structural transformation, being either structurally...
Persistent link: https://www.econbiz.de/10012146584
This paper examines the connections of structural change and economic openness to labour productivity growth using a panel data set of 41 countries in sub-Saharan Africa for the period 1991-2015. A dynamic panel model of cross-country productivity growth is estimated using the least squares with...
Persistent link: https://www.econbiz.de/10012423975
The movement of workers from the farm sector to a more productive nonfarm sector has failed to generate significant gains in labor productivity in recent decades in many developing countries. This paper offers a new perspective into the barriers to growth-enhancing structural transformation,...
Persistent link: https://www.econbiz.de/10012597553
We use census data to show that structural transformation reflects a fundamental reallocation of labor from goods to services, instead of a relabelling that occurs when goods-producing firms outsource their in-house service production. The novelty of our approach is that it categorizes labor by...
Persistent link: https://www.econbiz.de/10012658027
This paper proposes a small-scale general equilibrium model of structural transformation with an urban labour market characterized by search frictions. The model is used to investigate the role of sectoral TFPs as main drivers of structural change and a new growth accounting exercise gives a...
Persistent link: https://www.econbiz.de/10011264721
This paper assesses how structural transformation is affected by sectoral differences in labor-augmenting technological progress, capital intensity, and substitutability between capital and labor. We estimate CES production functions for agriculture, manufacturing, and services on postwar US...
Persistent link: https://www.econbiz.de/10011084211
Structural transformation refers to the reallocation of economic activity across the broad sectors agriculture, manufacturing and services. This review article synthesizes and evaluates recent advances in the research on structural transformation. We begin by presenting the stylized facts of...
Persistent link: https://www.econbiz.de/10011084224
Oportunidades, Mexico’s conditional cash transfer program, has proved to be an insufficient tool for poverty alleviation in a phase of low and uneven economic growth, and it has failed to achieve its intended goal to break the intergenerational transmission of poverty. In this context, what...
Persistent link: https://www.econbiz.de/10011209931
The paper provides quantitative estimates of the productive capacities of the countries in the Asia- Pacific region and their evolution in the past 25 years. It updates the results for 2009 presented in the ESCAP’s Economic and Social Survey of Asia and the Pacific 2011 and details the...
Persistent link: https://www.econbiz.de/10010890746