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Economic Growth and Labor Market Friction : A Quantitative Study on Japanese Structural Transformation

Sim, Seung-Gyu; Oh, Seungjoon - 2016

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 the Japanese structural transformation episodes,...

Persistent link: https://www.econbiz.de/10014151507

Is Poland the Next Spain?

Caselli, Francesco; Tenreyro, Silvana - 2007

industry level. In Eastern Europe the employment share of agriculture is typically quite large, and agriculture is particularly … unproductive. Hence, there are potential gains from sectoral reallocation. However, the between-industry component of the East …'s income gap is quite small. Hence, the East seems to have only one real margin to exploit: the within-industry one. Coupled …

Persistent link: https://www.econbiz.de/10014067497

Chapter 6. Growth and Structural Transformation

Herrendorf, Berthold; Rogerson, Richard; Valentinyi, Ákos - 2014

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/10014025591

Structural Transformation and the Volatility of Aggregate Output in OECD Countries

Lonkeng Ngouana, Constant - 2013

This paper finds a negative relationship between the employment share of the service sector and the volatility of aggregate output in the OECD — after controlling for the level of financial development. This result reflects volatility differentials across sectors: labor productivity is more...

Persistent link: https://www.econbiz.de/10013085618

Growth and stagnation in a dual economy : the case of Brazil

Feijó, Carmem; Lamonica, Marcos Tostes; Lima, Sergiany … - In: PSL quarterly review 75 (2022) 301, pp. 119-138

The aim of the present article is to further develop the line of research initiated by Oreiroet al. (2019) by expanding the database used to calculate the EQI and the EQG, but also to control the effects of variables other than the EQG, such as the amount of capital per worker, over the PCIG and...

Persistent link: https://www.econbiz.de/10013279805

Financial development, globalization, and structural transformation in developing countries

Avoumatsodo, Komla - 2023

Rodrik (2016) pointed out that late industrializing countries are experiencing a lower peak at lower income levels in the manufacturing employment share hump-shaped path. The present study develops a theoretical model to analyze the dynamics of industrialization and deindustrialization in...

Persistent link: https://www.econbiz.de/10014333588

Insumos importados e evolução do setor manufatureiro no Brasil

Marconi, Nelson; Rocha, Marcos - 2012

This paper analyzes the evolution of the share of imported intermediate goods in the production process and its influence on the share of manufacturing in value added for the Brazilian economy, covering the period span 1995-2008. In a first step, we estimate input-output matrices, at constant...

Persistent link: https://www.econbiz.de/10009656962

Development as diffusion : manufacturing productivity and sub-Saharan Africa's missing middle

Gelb, Alan; Meyer, Christian J.; Ramachandran, Vijaya - 2014

We consider economic development of sub-Saharan Africa from the perspective of slow convergence of productivity, both across sectors and firms within sectors. Why have 'productivity enclaves', islands of high productivity in a sea of smaller low-productivity firms, not diffused more rapidly? We...

Persistent link: https://www.econbiz.de/10010242043

Self-Employment Within the Firm

Bassi, Vittorio; Lee, Jay; Peter, Alessandra; Porzio, … - National Bureau of Economic Research - 2023

We collect time-use data for entrepreneurs and their workers in over 1,000 manufacturing firms in urban Uganda. We document limited labor specialization within the firm for establishments of all sizes and argue that this is likely due to the prevalence of product customization. We then develop a...

Persistent link: https://www.econbiz.de/10014372497

Domestic Macroeconomic Drivers of Industrialization in Nigeria : Status and Prospects From the Manufacturing Sub-Sector

Nwokoye, Ebele - 2019

While most advanced economies are in the process of industrializing their economies, plots by successive governments to transform the economy Nigerian, from a commodity-driven to an industrialized one, has not yielded much fruits despite several industrial policies and reforms. Based on the...

Persistent link: https://www.econbiz.de/10012894262