The Drivers of Structural Change

Van Neuss, Leif

doi:10.1111/joes.12266

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The Drivers of Structural Change

Van Neuss, Leif

2019 • In Journal of Economic Surveys, 33 (1), p. 309-349

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https://hdl.handle.net/2268/226503

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10.1111/joes.12266

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Keywords :

Structural Change; Industrialization; Deindustrialization

Abstract :

[en] The main goal of this paper is to provide an integrated survey of the literature devoted to identifying the drivers of structural change, broadly defined as the process of reallocation of economic activity across the three broad sectors agriculture, manufacturing and services. Using the GGDC 10-Sector Database, this paper first presents the empirical facts associated with structural change in different regions of the world – i.e. Europe and the USA, Asia, Latin America, and Africa – then reviews four determinants of structural change: (i) changes in income, (ii) changes in relative (sectoral) prices, (iii) changes in input-output linkages and (iv) changes in comparative advantage(s) via globalization and trade.

Disciplines :

Macroeconomics & monetary economics

Author, co-author :

Van Neuss, Leif ; Université de Liège - ULiège > HEC Liège > HEC Liège

Language :

English

Title :

The Drivers of Structural Change

Publication date :

2019

Journal title :

Journal of Economic Surveys

ISSN :

0950-0804

eISSN :

1467-6419

Publisher :

Blackwell, Oxford, United Kingdom

Volume :

Issue :

Pages :

309-349

Peer reviewed :

Peer Reviewed verified by ORBi

Available on ORBi :

since 11 July 2018

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265 (14 by ULiège)

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4 (4 by ULiège)

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