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Kuznets hypothesis, we find that the movement of workers to manufacturing unambiguously decreases income inequality …We examine the Kuznets postulate that structural transformation leads to higher inequality using comparable panel data … into services has a positive impact on inequality across our set of countries at an early stage of structural …
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India. Second, structural transformation did not lead to manufacturing-based industrialization in India due to increasing … political competition. Third, the lack of manufacturing growth intensified the dilemma in the Indian context. Finally, we …
Persistent link: https://www.econbiz.de/10012424011
India. Second, structural transformation did not lead to manufacturing-based industrialization in India due to increasing … political competition. Third, the lack of manufacturing growth intensified the dilemma in the Indian context. Finally, we …
Persistent link: https://www.econbiz.de/10012173972
. Agricultural output grew more slowly than industry or services, and its gross domestic product share consequently declined …. Industry's gross domestic product share increased, and the share of services remained relatively constant. Agriculture …'s employment share declined, but most new jobs were in services. Concurrently, poverty incidence declined dramatically. Income …
Persistent link: https://www.econbiz.de/10012424033
. Agricultural output grew more slowly than industry or services, and its gross domestic product share consequently declined …. Industry's gross domestic product share increased, and the share of services remained relatively constant. Agriculture …'s employment share declined, but most new jobs were in services. Concurrently, poverty incidence declined dramatically. Income …
Persistent link: https://www.econbiz.de/10012203791
Structural transformation - the movement of workers from low-productivity to high-productivity activities - is an essential ingredient of inclusive growth. This paper reviews the evidence on why the pace of structural transformation has differed widely across countries in Asia, with a specific...
Persistent link: https://www.econbiz.de/10011658821
of the large variation of cross-country income. Kuznets included structural transformation as one of six stylized facts …
Persistent link: https://www.econbiz.de/10010301726
services, instead of a relabelling that occurs when goods-producing firms outsource their in-house service production. The …
Persistent link: https://www.econbiz.de/10012658027