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Author : Miguel Fernando Ricaurte Bermúdez
Publisher :
ISBN 13 :
Total Pages : 250 pages
Book Rating : 4.:/5 (952 download)
Download or read book Essays on Structural Change, Trade, and Development written by Miguel Fernando Ricaurte Bermúdez and published by . This book was released on 2009 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Zongye Huang
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (948 download)
Download or read book Essays on Structural Transformation, Trade, and Economic Growth written by Zongye Huang and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "This thesis intends to address questions that are related to structural transformation, trade, and economic growth. The following three essays sequentially investigate three interesting topics that involve these themes. The first essay investigates the structural transformation in the United States from 1950 to 2005. In particular, we emphasize the role of trade in this process. We develop and calibrate a three-sector model to evaluate the contributions of various factors. It shows that, in addition to traditional explanations, such as non-homothetic preference and sector-biased productivity progress, international trade is another major source of structural change and is able to explain about 35.5 percent of the overall labor share decrease in American manufacturing. A further decomposition exercise estimates that inter-sector trade makes a moderate contribution, while trade imbalances dominate the trade channel and account for the recent contraction of employment in the U.S. manufacturing sector. This result supports the argument that persistent trade deficits have a substantial impact on labor allocations.The second essay analyzes the connection between two key variables, the manufacturing employment share and the investment rate, during economic development. Empirical observations document that both of them exhibit a hump-shaped pattern as income increases. Following the recent research on agricultural technology adoption, I propose that the modernization of agriculture is the primary mechanism that forms these two hump-shaped patterns simultaneously, thus, unbalanced technology growth is unnecessary to derive such a hump-shaped pattern. This simple cause helps to explain the similarity of structural transformation processes across countries. The long-run equilibrium of our model is on a generalized balanced growth path as defined by Kongsamut, Rebelo, and Xie (2001). In the third essay, we explore the interaction between trade and growth. In particular, we assume that the information of advanced technology is embodied within high-quality capital goods, which are produced by developed economies. Thus, international technology diffusion goes through the channel of trading high-quality capital goods, which establishes a direct causal linkage from trade to growth. The capital import is subject to the balance of payments constraint and must be financed by exports. We develop a formal two-country model, characterize the steady states, and discuss their dynamic features. Our model could shed light on several stylized facts." --
Author : Luigi L. Pasinetti
Publisher : Cambridge University Press
ISBN 13 : 9780521236072
Total Pages : 336 pages
Book Rating : 4.2/5 (36 download)
Download or read book Structural Change and Economic Growth written by Luigi L. Pasinetti and published by Cambridge University Press. This book was released on 1981-04-16 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1981 this book presents an original theoretical treatment of the problems of maintaining full employment in a multisector economic system with a growing population and different rates of technical progress in different sectors. The conditions for full employment and full capacity utilisation are examined when prices are stable and when there is inflation. This approach is carried out, not in terms of input-output relations, as has become customary in multisector models, but rather in terms of vertically integrated sectors. This makes it possible to analyse the economic growth process in terms of the structural dynamics of production, of prices and of employment. Remarkable implications are drawn for a surprisingly large number of theoretical problems, which have been under discussion since Adam Smith: from price theory to the theory of rates of profit and the rates of interest; from production theory to the theories of fluctuating growth, ever-changing composition of output, choice of technique and international trade.
Author : Richard Higgott
Publisher : Routledge
ISBN 13 : 1134621485
Total Pages : 321 pages
Book Rating : 4.1/5 (346 download)
Download or read book Southeast Asia (Routledge Revivals) written by Richard Higgott and published by Routledge. This book was released on 2013-10-31 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The articles in this edited collection, first published in 1985, consider the competing theories of the nature of development and underdevelopment in Southeast Asia. Each chapter challenges the academic orthodoxies and dominant traditions of Southeast Asian studies, particularly in relation to orientalist history, behaviourist political science and development economics. Overall, the contributions offer an alternative framework for analysis, which considers the structural changes to the political economy of Southeast Asia, as well as the relationship between the state, economy and class at a domestic level. This is a fascinating collection, of value to students and academics with an interest in Southeast Asian politics, economics and history.
Author : Jan Fagerberg
Publisher : Edward Elgar Publishing
ISBN 13 : 1788110269
Total Pages : 431 pages
Book Rating : 4.7/5 (881 download)
Download or read book Innovation, Economic Development and Policy written by Jan Fagerberg and published by Edward Elgar Publishing. This book was released on 2018-04-27 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative and enlightening book focuses on fundamental questions such as what is innovation, who is it relevant for, what are the effects, and what is the role of (innovation) policy in supporting innovation-diffusion? The first two sections present a comprehensive overview of our current knowledge on the phenomenon and analyse how this knowledge (and the scholarly community underpinning it) has evolved towards its present state. The third part explores the role of innovation for growth and development, while section four is concerned with the national innovation system and the role of (innovation) policy in influencing its dynamics and responding to the important challenges facing contemporary societies.
Author : Hollis B. Chenery
Publisher : Academic Press
ISBN 13 : 1483257916
Total Pages : 611 pages
Book Rating : 4.4/5 (832 download)
Download or read book Economic Structure and Performance written by Hollis B. Chenery and published by Academic Press. This book was released on 2014-05-10 with total page 611 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Structure and Performance: Essays in Honor of Hollis B. Chenery briefly reviews the work of Hollis Chenery in the field of economics. This book discusses the underlying themes in Chenery's work, including structure, strategy, adjustment, and models. Organized into four parts encompassing 26 chapters, this book begins with an overview of the patterns of structural change and their relation to growth. This text then examines the objectives, measures, and implementation of policy, as well as administrative capabilities and cultural characteristics. Other chapters compare Chenery's econometric analysis of development patterns with the historical analyses and suggest that the two approaches complement each other. This book discusses as well the persistence of disequilibrium in segments of the economy. The final chapter deals with simple criteria for detecting critical interdependencies and a formula for measuring their welfare consequences. This book is a valuable resource for economists, industrialists, foreign capitalists, and social scientists.
Author : Pranab K. Bardhan
Publisher :
ISBN 13 :
Total Pages : 384 pages
Book Rating : 4.F/5 ( download)
Download or read book Development and Change written by Pranab K. Bardhan and published by . This book was released on 2000 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Volume Is An Outstanding Collection Of Writings In Development Economics And Provides Valuable Insights For Development Economists, Policy Planners And Practitioners.
Author : Wolfgang Klenner
Publisher : Springer Science & Business Media
ISBN 13 : 3642739075
Total Pages : 542 pages
Book Rating : 4.6/5 (427 download)
Download or read book Trends of Economic Development in East Asia written by Wolfgang Klenner and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic success achieved in the last decade in East Asia has brought about a fundamental reorientation in the Western view of the region. In order to contribute to a better understanding of present events and future developments in the area, leading East Asia economists and men of experience in Asian business from Asia, America, and East and West Europe have written papers on their research or business fields for this volume. The individual articles deal with problems common to the East Asian region and the Pacific area as well as with specific economic problems of Japan, China and South Korea. The volume is divided into four parts: East Asia and the Pacific Basin includes articles on supra-national issues, for example on the international economic relations of Japan, China, Taiwan and Korea. Japan includes articles on Japanese industrial and business structure, technological policy, exports and other issues. China includes articles on structural change, economic reforms, fiscal policy, agriculture and other issues. Korea includes articles on economic and industrial policy, restructuring, protectionism and other issues. The occasion of the publication of this volume is the 70th birthday of Willy Kraus, who for many years has been actively concerned with the questions of development in the East Asian region.
Author : Tongtong Hao
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (133 download)
Download or read book Essays in Development Economics written by Tongtong Hao and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the beginning of its economic reform in 1978, China's extraordinary economic growth has been accompanied by increased migration and rapid structural transformation - the reallocation of economic activity from agriculture to nonagriculture. This significant labor reallocation and migration stemmed from a series of institutional reforms and policies that significantly reduced labor market barriers. My thesis studies the impact of changes in labor market barriers during China's reform era. Chapter 1 constructs measures of sectoral reallocation and geographical relocation of labor at the provincial level for 1978-2015 resulting from a series of institutional reforms and policies that lowered labor market barriers. I find that the structural transformation process was uneven across provinces. Agriculture-to-nonagriculture worker reallocation began earlier and on a larger scale for coastal provinces. Since 1990, workers moving from inland agriculture to coastal nonagriculture became an important source of nonagricultural labor growth. Chapter 2 quantifies changes in barriers regarding sectoral reallocation and regional migration and studies their impact on China's economic growth over 1978-2015. I build a two-sector two-region general equilibrium model focusing on labor market barriers both between agricultural and nonagricultural sectors and across coastal and inland regions. I find that the 1982-2015 decline in labor market barriers contributed to an increase in output of 26.5% in 2015. Despite this, there remain considerable gains for future improvement. In particular, eliminating barriers from inland agriculture to coastal nonagriculture in 2015 could further increase output by 12%. Chapter 3 presents the joint work with Ruiqi Sun, Trevor Tombe, and Xiaodong Zhu. Expanding on Chapter 2, we explore the effect of changes in capital market and trade frictions in addition to labor market barriers on resource allocation. Employing a rich spatial general equilibrium model, we quantify the size and impact of migration barrier changes, capital barrier changes, and trade cost changes, to growth, regional income convergence, and structural change in China over 2000-2015. While each contributed meaningfully to growth, migration policy changes were central to China's structural change and regional income convergence.
Author : Wladek R. Malinowski
Publisher : Pergamon
ISBN 13 :
Total Pages : 350 pages
Book Rating : 4.3/5 (91 download)
Download or read book UNCTAD and the South-north Dialogue written by Wladek R. Malinowski and published by Pergamon. This book was released on 1985 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays on the contribution of UNCTAD to the North South dialogue and international economic relations and trade relations - examines origins, objectives and achievements of UNCTAD, reviewing its activities as regards commodity agreements, technology transfer, financing, ECDC, trade development, sea transport, etc.; considers its relationship to GATT. References.
Author : Prema-chandra Athukorala
Publisher : Iseas Publishing
ISBN 13 : 9789814620062
Total Pages : 0 pages
Book Rating : 4.6/5 (2 download)
Download or read book Trade, Development, and Political Economy in East Asia written by Prema-chandra Athukorala and published by Iseas Publishing. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a tribute to Professor Hal Hill, one of the most distinguished and internationally renowned Australian development economists and the single most important Australian figure in the networks that bind the Australian and Southeast Asian economics professions over the past four decades. The volume contains twelve original contributions by distinguished scholars who are at the forefront of their own subject areas. The contributions are thematically arranged into three parts to reflect Professor Hill’s wide-ranging research interests: trade policy issues central to the development policy debate, structural change and global economic integration in East Asian economies, and the political economy of development policy.
Author : Mr.Jonathan David Ostry
Publisher : International Monetary Fund
ISBN 13 : 1589068181
Total Pages : 62 pages
Book Rating : 4.5/5 (89 download)
Download or read book Structural Reforms and Economic Performance in Advanced and Developing Countries written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2009-10-15 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the impact on economic performance of structural policies-policies that increase the role of market forces and competition in the economy, while maintaining appropriate regulatory frameworks. The results reflect a new dataset covering reforms of domestic product markets, international trade, the domestic financial sector, and the external capital account, in 91 developed and developing countries. Among the key results of this study, the authors find that real and financial reforms (and, in particular, domestic financial liberalization, trade liberalization, and agricultural liberalization) boost income growth. However, growth effects differ significantly across alternative reform sequencing strategies: a trade-before-capital-account strategy achieves better outcomes than the reverse, or even than a "big bang"; also, liberalizing the domestic financial sector together with the external capital account is growth-enhancing, provided the economy is relatively open to international trade. Finally, relatively liberalized domestic financial sectors enhance the economy's resilience, reducing output costs from adverse terms-of-trade and interest-rate shocks; increased credit availability is one of the key mechanisms.
Author : Christopher Freeman
Publisher : Burns & Oates
ISBN 13 : 9781855670839
Total Pages : 268 pages
Book Rating : 4.6/5 (78 download)
Download or read book The Economics of Hope written by Christopher Freeman and published by Burns & Oates. This book was released on 1992 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Hope embodies Christopher Freeman's positive views of the potential of mankind to use its resources constructively. Grounded in the thorough empirical research which is the hallmark of his writings, these essays steer the reader through the complex questions surrounding the issues of technical change, innovation and economic growth.
Author : Andre Gunder Frank
Publisher : SAGE Publications Pvt. Limited
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.F/5 ( download)
Download or read book The Underdevelopment of Development written by Andre Gunder Frank and published by SAGE Publications Pvt. Limited. This book was released on 1996 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes stock of political and economic development in the world today and reexamines development in an era of rapid social change. It also reflects on the work of Andre Gunder Frank, the creator of dependency theory.
Author : Walter Galenson
Publisher : Ithaca, N.J. : Cornell University Press
ISBN 13 :
Total Pages : 528 pages
Book Rating : 4.F/5 ( download)
Download or read book Economic Growth and Structural Change in Taiwan written by Walter Galenson and published by Ithaca, N.J. : Cornell University Press. This book was released on 1979 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monographic compilation of essays on the economic development of Taiwan, China - analyses changes in economic structure, economic growth and agricultural development trends, industrial development, fiscal policy and monetary policy, foreign trade policy, labour force, wages, standard of living, trade unionism, government policy and economic policy. Graphs, references and statistical tables.
Author : Cesar Francisco Blanco Aguirre
Publisher :
ISBN 13 :
Total Pages : 130 pages
Book Rating : 4.:/5 (15 download)
Download or read book Essays on Agriculture and Sectoral Composition in Developing Countries written by Cesar Francisco Blanco Aguirre and published by . This book was released on 2018 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this thesis I study observed patterns of structural change in developing countries and how differences in sectoral composition affect economic growth and economic policy. In particular, in chapter one I ask how does international trade affect employment composition in countries with comparative advantage in agriculture. Using a model of exogenous growth, I find that countries with large concentration of agriculture in exports have a large fraction of employment in the agricultural sectoral. The model including trade, in addition to the traditional mechanisms of structural change, can account for 85% of the structural change observed in the data, while the model without trade can only account for 36% of observed changes. Moreover, as economic growth takes place, employment shifts directly from agriculture to services bypassing manufacturing. In the second chapter, I ask what is the weight that central banks should assign to agricultural price inflation in developing countries where the share of agriculture in consumption is large. Using a multisector new Keynesian model with nominal rigidities on wages and on non-agricultural prices, I find that it is optimal for the central bank to assign non-zero weight to agricultural inflation after shocks in non-agriculture. The reason is that there is a link between inflation in agriculture and inflation in wages. Therefore, the central bank can reduce welfare losses due to nominal frictions in the economy by targeting agricultural price inflation. This result holds for countries with the sectoral composition of both developed and developing countries. In addition, I find that developed countries obtain larger welfare gains if they fully target agricultural prices after non-agricultural shocks, compared to developing countries. Finally, in chapter three I ask how does sectoral composition within the agricultural sector affects structural change and labor productivity. I find that structural change within the agricultural sector and capital accumulation can explain the following facts associated with economic development: a decrease in the share of workers in the agricultural sector, an increase in the average farm size in the economy, an increase of capital intensity in agriculture relative to non-agriculture and the increase of labor productivity in agriculture relative to non-agriculture. Using crop level data, I classify crops by capital intensity and find evidence of much larger structural change within the agricultural sector than between agriculture in the United States, during the period 1961-2014. To account for these facts I consider a model including two agricultural sectors, a land intensive agricultural sector and a capital intensive agricultural sector. The output of these two sectors can be substitutes in preferences. In fact, when these goods are complementaries in preferences, structural change within the agricultural sector is lower and therefore agricultural labor productivity is affected, as farmers are less capital intensive and the average farm size is smaller. Finally, I consider a financial misallocation, such that the cost of credit is larger in agriculture than in non-agriculture, and find that labor productivity in agriculture relative to non-agriculture is lower in countries subject to the financial inefficiency." -- TDX.
Author : Radoslaw L. Stefanski
Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.:/5 (746 download)
Download or read book Essays on Structural Transformation in International Economics written by Radoslaw L. Stefanski and published by . This book was released on 2009 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
