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The Role of Structural Change in the Economic Development of Asian Economies
Foster-McGregor, Neil - 2016
In this paper, we combine data on gross domestic product (GDP) per capita and sectoral employment shares to undertake a decomposition of GDP per capita growth for a sample of 43 Asian and non-Asian economies. We decompose income changes into three components: (i) changes in labor productivity...
Persistent link: https://www.econbiz.de/10012983378
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Promoting growth-enhancing structural change : evidence from a panel of African, Asian, and Latin American countries
Trenczek, Jan - 2016 - This version: April 2016
In what the authors name “a first pass through the data”, McMillan et al. (2014) have recently addressed the question: what determines the magnitude of growth-enhancing structural change - defined as gains to average labor productivity resulting from a reallocation of labor across sectors?...
Persistent link: https://www.econbiz.de/10011457230
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The Service Sector in Asia : Is It an Engine of Growth?
Park, Donghyun - 2013
The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this … role of the service sector as an engine of growth in Asia. However, some Asian countries where the service sector is …
Persistent link: https://www.econbiz.de/10013088853
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The role of structural transformation in the potential of Asian economic growth
Foster-McGregor, Neil; Verspagen, Bart - 2016
in Asia since 1990?; How does the contribution of structural change to productivity growth compare to the effects of …
Persistent link: https://www.econbiz.de/10011658812
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Economic Growth and Structural Transformation in Southeast Asia
Samphantharak, Krislert - 2019
This paper analyzes macroeconomic growth of the economies in Southeast Asia since the end of the Second World War. It … few exceptions, every economy in Southeast Asia has become more market-oriented, more outward-looking, and more …
Persistent link: https://www.econbiz.de/10012893523
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Structural transformation and inclusive growth in Ghana
Osei, Robert Darko; Atta-Ankomah, Richmond; … - 2020
This study examines the structural transformation-inclusive growth nexus for Ghana. The data cover the post-independence period for Ghana and are phased into three periods: the post-independence period to the start of the economic recovery programme (ERP) and structural adjustment programme...
Persistent link: https://www.econbiz.de/10012183589
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A turning point for the service sector in Thailand
Koonnathamdee, Pracha - 2013
Although Thailand's service sector accounts for almost half of the national income and has a major stake in national employment, its contribution to the growth of the gross domestic product (GDP) fluctuates. Moreover, the share of the service sector in GDP is decreasing while many developed...
Persistent link: https://www.econbiz.de/10009781188
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The service sector in lower-income Asian economies
Estrada, Gemma; Acharya, Yubraj; Batten, Aaron; … - 2013
In the past 10 years, the service sector has been a significant contributor to overall economic growth in Bangladesh, Cambodia, Nepal, Papua New Guinea, Uzbekistan, and Viet Nam. Sector growth has been supported by strong industrial growth in some while in others the critical factors have been...
Persistent link: https://www.econbiz.de/10009781235
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The service sector in Asia : is it an engine of growth?
Park, Donghyun; Shin, Kwanho - 2012
The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this … role of the service sector as an engine of growth in Asia. However, some Asian countries where the service sector is …
Persistent link: https://www.econbiz.de/10009696209
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Revisiting India's growth transitions
Basu, Deepankar - 2020
This paper reconsiders two questions relating to India's economic growth: structural breaks in growth and the impact of equipment investment on aggregate economic growth. First, statistical tests of structural change show that economic growth in post-independence India has witnessed four...
Persistent link: https://www.econbiz.de/10012136993