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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/10010507372

Evolutionary Trade and Structural Transformation : The Dynamics of Real Competitiveness in Asia

Brunner, Hans-Peter - 2005

Why are some nations rich, and others poor? Deep structural change at the rules and institutional level leads poor countries to become rich. Deep structural change is invisible and can only be described qualitatively, whereas change in the surface structure is visible and measurable with unit...

Persistent link: https://www.econbiz.de/10014062196

Structural change and the National Initiative for Human Development in Morocco : subnational insights

Akim, Al-mouksit; Sahel, Wissal - 2023

This paper aims to revisit the pace and patterns of structural change in Morocco with a renewed perspective focusing on subnational trends to document the macro patterns. In that perspective, we first build a within-country sectoral longitudinal dataset covering employment and value added (VA)...

Persistent link: https://www.econbiz.de/10014290677

Chapter 73 Agricultural Productivity and Economic Growth

Gollin, Douglas - In: Handbook of agricultural economics : volume 4, (pp. 3825-3866). 2010

In most poor countries, large majorities of the population live in rural areas and earn their livelihoods primarily from agriculture. Many rural people in the developing world are poor, and conversely, most of the world's poor people inhabit rural areas. Agriculture also accounts for a...

Persistent link: https://www.econbiz.de/10014024046

Economic Structural Transformation and CO2 Emissions in Asian Countries : Homogeneous Vs. Heterogeneous Estimators

Yassin, Jain - 2019

This study examines the impact of structural transformation on environmental pollution in selected Asian countries for the years 1990-2016. This transformation decomposes into sectoral compositions, urbanization, and demographic changes in Stochastic Impacts by Regression on Population,...

Persistent link: https://www.econbiz.de/10012869177

Asia's industrial transformation : the role of manufacturing and global value chains

Felipe, Jesus - 2018

This paper argues that the single most important factor that explains East Asia's development success was its fast … as the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …

Persistent link: https://www.econbiz.de/10011880537

Structural change and innovation in developing economies : a way out of the middle income trap?

Vivarelli, Marco - 2015

This paper is intended to provide an updated discussion on a series of issues that the relevant literature suggests to be crucial in dealing with the challenges a middle income country may encounter in its attempts to further catch-up a higher income status. In particular, the conventional...

Persistent link: https://www.econbiz.de/10010509097

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

Growth horizons for a changing Asian regional economy

Roland-Holst, David W.; Sugiyarto, Guntur - 2014

After two generations of economic growth, the next phase of structural transformation for Asia will have several …

Persistent link: https://www.econbiz.de/10010336930

The middle-income trap 2.0 : the increasing role of human capital in the age of automation and implications for developing Asia

Glawe, Linda; Wagner, Helmut - 2020 - Update March 2020

Asia. In particular, we analyze the impacts of automation, artificial intelligence, and digitalization on the growth …

Persistent link: https://www.econbiz.de/10012206273