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One of the most striking features of economic growth is the process of structural change whereby the share of … agriculture in GDP decreases as countries develop. The cross-country growth literature typically estimates an aggregate … technology differences across countries. Using a unique World Bank dataset, it estimates production functions for agriculture and …
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outcomes. The relationships between sectoral shares and (1) the speed of structural change and (2) economic growth were … GDP growth rates. In contrast, a growth in industry and manufacturing shares positively influences economic growth, as …
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