Structural Change and Cross-Country Growth Empirics

One of the most striking features of economic growth is the process of structural change whereby the share of agriculture in GDP decreases as countries develop. The cross-country growth literature typically estimates an aggregate homogeneous produc...

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Bibliographic Details
Main Authors:	Eberhardt, Markus, Teal, Francis
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2013
Subjects:	AGGREGATE FUNCTIONS AGGREGATE PRODUCTION FUNCTION AGRICULTURE APPROPRIATE TECHNOLOGY AVAILABILITY OF DATA BANDWIDTH BASE YEAR BENCHMARK BI BIASES BUSINESS CYCLES CAPACITY BUILDING CAPITAL STOCK CAPITAL-LABOR CAPITAL-LABOR RATIOS CD COINTEGRATION COMMON DENOMINATOR CONFIDENCE INTERVALS CONSTANT RETURNS CONSTANT RETURNS TO SCALE CULTURAL CHANGE DATA ANALYSIS DATA LIMITATIONS DATA SOURCES DECREASING RETURNS DEFLATION DEFLATORS DESCRIPTIVE STATISTICS DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DIFFUSION INDEXES DUAL ECONOMY ECONOMETRIC MODELING ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC HISTORY ECONOMIC PERFORMANCE ECONOMIC STATISTICS ECONOMIC SURVEYS ECONOMIC THEORY ELASTICITY EMPIRICAL METHODS EQUATIONS EXCHANGE RATE EXCHANGE RATES EXTERNALITIES FACTOR ACCUMULATION FACTOR ANALYSIS FACTOR DEMAND FINANCIAL CRISIS GDP GDP PER CAPITA GLOBALIZATION GROWTH ACCOUNTING GROWTH ANALYSIS GROWTH LITERATURE GROWTH MODEL GROWTH MODELS GROWTH RATE GROWTH RATES GROWTH REGRESSIONS HUMAN CAPITAL HYPOTHESES IMPLEMENTATIONS INCOME PER CAPITA INCREASING RETURNS INCREASING RETURNS TO SCALE INDEPENDENT VARIABLES INDUSTRIALIZATION INNOVATION INSTRUMENTAL VARIABLES INTERNATIONAL COMPARISONS INTERNATIONAL INVESTMENT INVENTORY LABOR FORCE LESS DEVELOPED COUNTRIES LINEAR REGRESSION LOGARITHMS LOW INTEREST RATE MACROECONOMIC FORECASTING MACROECONOMICS MANUFACTURING MATRIX NATIONAL INCOME NATURAL RESOURCES ONLINE DATABASE OPEN ACCESS OUTLIERS OUTPUT STRUCTURE POLITICAL ECONOMY PRIVATE SECTOR PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTION PROCESS PRODUCTIVITY PRODUCTIVITY GROWTH PURCHASING POWER PURCHASING POWER PARITY R&AMP;D RANDOM WALKS REAL GDP RESULT RESULTS RETURNS TO SCALE SIMULTANEOUS EQUATIONS STANDARD ERRORS STATA STRUCTURAL CHANGE TECHNICAL PROGRESS TECHNOLOGICAL PROGRESS TFP TIME PERIOD TIME PERIODS TIME SERIES TOTAL FACTOR PRODUCTIVITY TRANSMISSION UNDUE INFLUENCE USES VALIDITY VALUE ADDED VARIABILITY WEALTH WEB
Online Access:	http://documents.worldbank.org/curated/en/2013/01/17196537/structural-change-cross-country-growth-empirics http://hdl.handle.net/10986/12157

Internet

http://documents.worldbank.org/curated/en/2013/01/17196537/structural-change-cross-country-growth-empirics
http://hdl.handle.net/10986/12157

Structural Change and Cross-Country Growth Empirics

Internet

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