scholarly journals Globalization, structural change and productivity growth

2011 ◽  
pp. 49-84 ◽  
Author(s):  
Margaret McMillan ◽  
Dani Rodrik
Keyword(s):  
Structural Change ◽  
Productivity Growth

Productivity Growth, Structural Change and Informality: The Case of Russia

2015 ◽  
pp. 30-61 ◽  
Author(s):  
I. Voskoboynikov ◽  
V. Gimpelson
Keyword(s):  
Structural Change ◽  
Productivity Growth ◽  
Labour Productivity ◽  
Alternative Methods ◽  
Industry Effects ◽  
Labour Productivity Growth ◽  
Russian Economy ◽  
Negative Effect ◽  
Total Labour

This study considers the influence of structural change on aggregate labour productivity growth of the Russian economy. The term "structural change" refers to labour reallocation both between industries and between formal and informal segments within an industry. Using Russia KLEMS and official Rosstat data we decompose aggregate labour productivity growth into intra-industry (within) and between industry effects with four alternative methods of the shift-share analysis. All methods provide consistent results and demonstrate that total labour reallocation has been growth enhancing though the informality expansion has had a negative effect. As our study suggests, it is caused by growing variation in productivity levels across industries.

Trade Liberalization, Structural Change, and Economic Growth

2021 ◽  
pp. 407-441
Author(s):  
Michael Landesmann ◽  
Neil Foster-McGregor
Keyword(s):  
Economic Growth ◽  
Structural Change ◽  
Trade Liberalization ◽  
Productivity Growth ◽  
Global Economy ◽  
Adam Smith ◽  
Trade Theory ◽  
New Trade Theory ◽  
The Impact ◽  
The Relationship

Trade and the integration of countries into the global economy is one of the main forces shaping the structural composition of economies, an effect which in turn is expected to impact upon productivity and growth. Structural change can be restrained or reinforced by international trade. This chapter reviews the theory on the relationship between trade and trade liberalization and both structural change and growth, from the contributions of Adam Smith to the more recent new new trade theory beginning with the work of Melitz. The chapter further discusses the existing empirical evidence on the relationship between trade and structural change, before concluding by presenting evidence on the impact of trade liberalization on productivity growth for a broad sample of countries, further decomposing the effect into an effect due to structural change and an effect due to within sector productivity developments.

Investment, Profitability, and Structural Change

2021 ◽  
pp. 113-130
Author(s):  
John Weiss ◽  
Hossein Jalilian
Keyword(s):  
Structural Change ◽  
Productivity Growth ◽  
Technical Change ◽  
Technological Advance ◽  
Historical Overview ◽  
Resource Reallocation ◽  
Dynamic Economy ◽  
And Shifts ◽  
Productivity Gains ◽  
Investment Choices

This chapter explores the links between profitability, investment, and structural change. This is examined for the case of India, using both a historical overview and regression analysis. In a Kaldorian dynamic economy, the reallocation of investment provides the driver for resource reallocation, allowing more productive and profitable activities to expand and less productive and less profitable activities to contract. Thus, investment choices drive structural change, productivity growth, technological advance, and ultimately profits. Investment in turn responds to expected profits, which are driven by technical change, related productivity gains, and shifts in demand. The relationships are thus circular and cumulative, with this chapter testing for the presence of such relationships.

Sign in / Sign up

Export Citation Format

Share Document