G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13351
DP13351 Structural Transformation to Manufacturing and Services: What Role for Trade?
Kym Anderson
发表日期2018-12-02
出版年2018
语种英语
摘要Understanding how and why economies structurally transform as they grow is crucial for sound national policy making. Typically analysts of this issue focus on sectoral shares of GDP and employment. This paper extends that to include exports, including of services. It also considers mining in addition to agriculture and manufacturing, and recognizes some of the products of those four sectors are nontradable. The theory section’s general equilibrium model provides hypotheses about structural change in different types of economies as they grow, and tests them econometrically with annual data for a sample of 117 countries for the period 1991-2014. The results point to the futility of adopting protective policies aimed at slowing de-agriculturalization and subsequent de-industrialization in terms of sectoral shares, since those trends inevitably will accompany economic growth. Fortuitously governments now have far more efficient and equitable ways of supporting the adjustments needed by people choosing or being pushed to leave declining industries.
主题Development Economics ; International Trade and Regional Economics
关键词Patterns of structural change Comparative advantage Productivity growth Declining sectors
URLhttps://cepr.org/publications/dp13351
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542162
推荐引用方式
GB/T 7714
Kym Anderson. DP13351 Structural Transformation to Manufacturing and Services: What Role for Trade?. 2018.
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