The Role of Structural Change in the Economic Development of Asian Economies

In this paper, we combine data on gross domestic product (GDP) per capita and sectoral employment shares to undertake a decomposition of GDP per capita growth for a sample of 43 Asian and non-Asian economies. We decompose income changes into three components: (i) changes in labor productivity within...

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Bibliographic Details
Main Authors: Neil Foster--McGregor, Bart Verspagen
Format: Article
Language:English
Published: The MIT Press 2016-09-01
Series:Asian Development Review
Subjects:
Online Access:https://www.mitpressjournals.org/doi/pdf/10.1162/ADEV_a_00073