Growth and Structural Transformation

Herrendorf, Berthold; Rogerson, Richard; Valentinyi, Ákos

doi:10.3386/w18996

Cited by 91 publications

(17 citation statements)

References 27 publications

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“…We wish to isolate the impact of productivity growth on economic structure from any potential feedback that might occur. and our evidence supporting the importance of the productivity growth mechanism using industry and sector data from a broad set of countries complements the results of Herrendorf, Herrington and Valentinyi (2013), who show that sectoral productivity growth differences are the main factor behind structural transformation among broad sectors in the US. We also provide evidence that other factors that theory suggests could be related to structural transformation are not significantly related to the phenomena of interest.…”

Section: Introductionsupporting

confidence: 80%

Productivity growth and structural transformation

Samaniego

Sun

2016

Review of Economic Dynamics

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Highlights• The data indicate that, along the development path, countries shift resources towards manufacturing industries that experience the most rapid productivity growth, but towards broad sectors that experience relatively slow productivity growth. • This is consistent patterns of structural transformation in a calibrated multi-industry growth model. • The "productivity mechanism" for structural transformation can thus account for the finding in the literature that along the development path countries start out specialized, become gradually more diversified and subsequently specialize again. AbstractEconomies diversify and then re-specialize as they develop. These "stages of diversification" may result from productivity-driven structural change if initially resources are concentrated in industries other than those that dominate economic structure in the long run. A calibrated multi-industry growth model with many countries and with industry differences in productivity growth rates replicates the main features of the "stages of diversification". We also present evidence that countries systematically shift resources towards manufacturing industries with rapid productivity growth, and towards sectors with low productivity growth, consistent with the model and supporting the "productivity mechanism" for structural transformation.

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Section: Introductionsupporting

confidence: 80%

Productivity growth and structural transformation

Samaniego

Sun

2016

Review of Economic Dynamics

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“…However, this trend is reversed when the government changed most of its liberalization policies before starting them again in 1994. Most economies take a development path where industry and services sectors are expected to contribute more while agriculture declines as the country moves to a more technologically advanced level (Byerlee et al 2009;Cervantes-Godoy and Brooks 2008;Herrendorf et al 2013). Zambia seems to be on course in this line with both services and industry sectoral share contribution rising since 1999 while that of agriculture is falling.…”

Section: Sectoral Analysismentioning

confidence: 65%

“…As Herrendorf et al (2013) and Johnston (1970) have pointed out, a fundamental feature of growth is a decline in the agriculture sector and labor share in total value-added, an increase in the service sector in value-added and labor, while industry's share may rise or fall depending on a number of factors. Thus, this study aims to take a more comprehensive approach by estimating Zambia's sources of economic growth by sectors-agriculture, industry, and service-in a systematic manner that yields insights into the country's sources of structural transformation.…”

Section: Introductionmentioning

confidence: 99%

Sources of Economic Growth in Zambia, 1970–2013: A Growth Accounting Approach

Mulungu

Ng’ombe

2017

Economies

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Most empirical work on sources of economic growth for different countries lack country-specific empirical evidence to guide policy choices in individual developing countries and previous studies of factor productivity tend to focus on the entire economy or a single sector. This provides fewer insights about a country's structural evolution. Unlike previous studies, our study builds on this by taking a more comprehensive approach in estimating Zambia's sources of economic growth by sectors-agriculture, industry, and service-in a systematic manner that yields insights into the country's sources of structural transformation. We use recently developed growth accounting tools to explicitly determine sources of economic growth at both national and sectoral levels in Zambia between 1970 and 2013. We use data from World Development Indicators and Zambia's Central Statistical Office. Results indicate that, on average, total factor productivity (TFP) contributes about 5.7% to economic growth. Sectoral analysis shows that agriculture contributes the least to GDP and that, within each sector, factors that contribute to growth differ. Structural transformation has been slow and contributed to the observed inefficiency. We outline the implications of the observed growth and provide recommendations.

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“…The convergence of employment and valued added shares during economic development is yet another interesting regularity documented inHerrendorf et al (2013).…”

mentioning

confidence: 94%

The Female Labor Force and Long-run Development: The American Experience in Comparative Perspective

Olivetti¹

2013

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This paper provides additional evidence on the U-shaped relationship between the process of economic development and women's labor force participation. The experience of the United States is studied in a comparative perspective relative to a sample of rich economies observed over the period 1890-2005. The analysis confirms the existence of a U-shaped female labor supply function, coming from both crosscountry and within country variation. Further analysis of a large cross section of economies observed over the post-WWII period suggests that the timing of a country's transition to a modern path of economic development affects the shape of women's labor supply.

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Growth and Structural Transformation

Cited by 91 publications

References 27 publications

Productivity growth and structural transformation

Productivity growth and structural transformation

Sources of Economic Growth in Zambia, 1970–2013: A Growth Accounting Approach

The Female Labor Force and Long-run Development: The American Experience in Comparative Perspective

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