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Growth and structural transformation
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Abstract Structural transformation refers to the reallocation of economic activity across the broad sectors agriculture, manufacturing, and services. This review article synthesizes and evaluates recent advances in the research on structural transformation. We begin by presenting the stylized facts of structural transformation across time and space. We then develop a multi-sector extension of the one-sector growth model that encompasses the main existing theories of structural transformation. We argue that this multi-sector model serves as a natural benchmark to study structural transformation and that it is able to account for many salient features of structural transformation. We also argue that this multi-sector model delivers new and sharper insights for understanding economic development, regional income convergence, aggregate productivity trends, hours worked, business cycles, wage inequality, and greenhouse gas emissions. We conclude by suggesting several directions for future research on structural transformation.
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<div class="BookChapter Publication short-list"> <div class="authors"> <span class="author-name" > Herrendorf, B </span> <span class="author-type"> </span> ; <span class="author-name" > Rogerson, R </span> <span class="author-type"> </span> ; <span class="author-name" mtid="10012094"> <a href="/gui2/?type=authors&mode=browse&sel=10012094" target="_blank">Valentinyi, Á</a> </span> <span class="author-type"> </span> </div ><div class="title"><a href="/gui2/?mode=browse¶ms=publication;2711710" mtid="2711710" target="_blank">Growth and structural transformation</a></div> <div class="InBook">In: Aghion, P; Durlauf, SN (szerk.) <span class="booktitle"><a href="/gui2/?mode=browse¶ms=publication;2711709" target="_blank">Handbook of economic growth : Volume 2B </a></span > </div><div class="pub-info"> <span class="publishedAt">Amsterdam, Hollandia : <span class="publisher">Elsevier</span>, <span class="publisher">North-Holland Publishing</span> <span class="year">(2014)</span> <span class="page"> pp. 855-941. , 87 p. </span> </div> <div class="pub-end"><div class="identifier-list"> <span class="identifiers"> <span class="id identifier oa_PAY" title=" Fizetős "> <a style="color:blue" title="10.1016/B978-0-444-53540-5.00006-9" target="_blank" href="https://doi.org/10.1016/B978-0-444-53540-5.00006-9"> DOI </a> </span> <span class="id identifier oa_none" title="none"> <a style="color:blue" title="B9780444535405000069" target="_blank" href="http://www.sciencedirect.com/science/article/pii/B9780444535405000069"> ScienceDirect </a> </span> <span class="id identifier oa_none" title="none"> <a style="color:blue" title="84888991621" target="_blank" href="http://www.scopus.com/record/display.url?origin=inward&eid=2-s2.0-84888991621"> Scopus </a> </span> </span> </div> <div class="short-pub-prop-list"> <span class="short-pub-mtid"> Közlemény:2711710 </span> <span class="status-holder"><span class="status-data status-APPROVED"> Nyilvános </span></span> <span class="pub-core">Forrás </span> <span class="pub-type">Könyvrészlet (Szaktanulmány ) </span> <!-- && !record.category.scientific --> <span class="pub-category">Tudományos</span> <div class="publication-citation" style="margin-left: 0.5cm;"> <span title="Nyilvános idézőközlemények összesen, említések nélkül" class="citingPub-count">Nyilvános idéző összesen: 28</span> | Független: 28 | Függő: 0 | Nem jelölt: 0 | WoS jelölt: 24 | Scopus jelölt: 15 | WoS/Scopus jelölt: 25 | DOI jelölt: 27 </div> </div> </div> </div><div class="BookChapter Publication long-list"> <div class="authors"> <img title="Forrásközlemény" style="float: left" src="/frontend/resources/grid/publication-core-icon.png"> <div class="autype autype0"> <span class="author-name" >Herrendorf B </span> ; <span class="author-name" >Rogerson R </span> ; <span class="author-name" mtid="10012094"><a href="/gui2/?type=authors&mode=browse&sel=10012094" target="_blank">Valentinyi Á (<span class="authorship-author-name">Valentinyi Ákos</span> <span class="authorAux-mtmt"> Közgazdaságtudomány</span>) </a> </span> <span class="author-affil"><span title="MTA Közgazdaság- és Regionális Tudományi Kutatóközpont">MTA KRTK</span>/Közgazdaságtudományi Intézet</span> </div> </div> <div class="title"><a href="/gui2/?mode=browse¶ms=publication;2711710" target="_blank">Growth and structural transformation</a></div> <div class="InBook"><div class="chapter-in">In:</div> <div class="authors"> <div class="autype autype-1"> <span class="author-name" >Aghion P </span> ; <span class="author-name" >Durlauf SN </span> (szerk.) </div> </div> <div class="booktitle"><a href="/gui2/?mode=browse¶ms=publication;2711709" target="_blank">Handbook of economic growth : Volume 2B </a></div> <span class="publishedAt">Amsterdam: <span class="publishers">Elsevier</span>, <span class="publishers">North-Holland Publishing</span>, <span class="page"> pp 855-941 </span> <span class="year">(2014)</span> ( <span class="seriesTitle">Handbooks in economics</span> <span class="issn">1574-0684</span> ) </div> <div class="pub-footer"> <span class="language" xmlns="http://www.w3.org/1999/html">Nyelv: Angol | </span> <span class="identifiers"> <span class="id identifier oa_PAY" title=" Fizetős "> <a style="color:blue" title="10.1016/B978-0-444-53540-5.00006-9" target="_blank" href="https://doi.org/10.1016/B978-0-444-53540-5.00006-9"> DOI </a> </span> <span class="id identifier oa_none" title="none"> <a style="color:blue" title="B9780444535405000069" target="_blank" href="http://www.sciencedirect.com/science/article/pii/B9780444535405000069"> ScienceDirect </a> </span> <span class="id identifier oa_none" title="none"> <a style="color:blue" title="84888991621" target="_blank" href="http://www.scopus.com/record/display.url?origin=inward&eid=2-s2.0-84888991621"> Scopus </a> </span> </span> <span class="bookchapter-ids">Befoglaló link(ek):</span> <span class="identifiers"> <span class="id identifier oa_none" title="none"> <span class="isbnOrIssn"> ISBN: </span> <a style="color:black" title="9780444535405" target="_blank" href="https://www.worldcat.org/search?q=isbn%3A9780444535405"> 9780444535405 </a> </span> </span> <div class="publication-citation" style="margin-left: 0.5cm;"> <span title="Nyilvános idézőközlemények összesen, említések nélkül" class="citingPub-count">Nyilvános idéző összesen: 28</span> | Független: 28 | Függő: 0 | Nem jelölt: 0 | WoS jelölt: 24 | Scopus jelölt: 15 | WoS/Scopus jelölt: 25 | DOI jelölt: 27 </div> <div class="mtid"><span class="long-pub-mtid">Közlemény: 2711710</span> | <span class="status-data status-APPROVED"> Nyilvános </span> <span class="long-book-mtid">Befoglaló: 2711709</span> <span class="oldId">Régi azonosító: 2711710</span> | <span class="oldId">Befoglaló: 2711709</span> Forrás | <span class="type-subtype">Könyvrészlet ( Szaktanulmány ) </span> | <span class="pub-category">Tudományos</span> | <span class="publication-sourceOfData">RIS-Egyéb</span> </div> <div class="notDuplums"><a target="_blank" href="/api/publication/2711710/notduplums">1 Nem duplumnak jelölés</a> </div> <div class="lastModified">Utolsó módosítás: 2018.11.16. 15:31 Incze Dorottya (KTI, admin) </div> </div> </div>