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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23132 |
来源ID | Working Paper 23132 |
The Recent Growth Boom in Developing Economies: A Structural Change Perspective | |
Xinshen Diao; Margaret McMillan; Dani Rodrik | |
发表日期 | 2017-02-06 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Growth has accelerated in a wide range of developing countries over the last couple of decades, resulting in an extraordinary period of convergence with the advanced economies. We analyze this experience from the lens of structural change – the reallocation of labor from low- to high-productivity sectors. Patterns of structural change differ greatly in the recent growth experience. In contrast to the East Asian experience, none of the recent growth accelerations in Latin America, Africa, or South Asia was driven by rapid industrialization. Beyond that, we document that recent growth accelerations were based on either rapid within-sector labor productivity growth (Latin America) or growth-increasing structural change (Africa), but rarely both at the same time. The African experience is particularly intriguing, as growth-enhancing structural change appears to have come typically at the expense of declining labor productivity growth in the more modern sectors of the economy. We explain this anomaly by arguing that the forces that promoted structural change in Africa originated on the demand side, through either external transfers or increase in agricultural incomes. In contrast to Asia, structural change was the result of increased demand for goods and services produced in the modern sectors of the economy rather than productivity improvements in these sectors. |
主题 | Development and Growth ; Development ; Growth and Productivity |
URL | https://www.nber.org/papers/w23132 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580806 |
推荐引用方式 GB/T 7714 | Xinshen Diao,Margaret McMillan,Dani Rodrik. The Recent Growth Boom in Developing Economies: A Structural Change Perspective. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23132.pdf(1285KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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