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Tuesday, May 5, 2020 | History

3 edition of Aggregate structural change found in the catalog.

Aggregate structural change

Aggregate structural change

recent time-series and cross-section evidence.

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Published by Harvard University Library in Cambridge, Mass .
Written in English


Edition Notes

Thesis (Ph.D.) - Harvard University, 1967.

The Physical Object
FormatMicroform
Pagination1 microfilm
ID Numbers
Open LibraryOL19148267M

  Developed countries have experienced labor employment shifts from the manufacturing sector to the services sector, which is a process termed structural change. We construct a two-sector endogenous growth model of structural change in which knowledge spillover sustains growth. Our model is consistent with the empirically observed pattern of structural change as well as aggregate Cited by: 2. Donald Williams, "Structural Change and the Aggregate Poverty Rate," Demography, Springer;Population Association of America (PAA), vol. 28(2), pages

  Job Polarization and Structural Change by Zsófia L. Bárány and Christian Siegel. Published in vol issue 1, pages of American Economic Journal: Macroeconomics, January , Abstract: We document that job polarization—contrary to the Cited by: porous an aggregate is determines how much liquid can be absorbed when soaked in water. The test method AASHTO T 85 defines absorption as the increase in the weight of aggregate because of water in the pores of the material, but not including water adhering to the outside surface of the Size: KB.

a PN, processed natural material; N, natural material; S, synthetic material b Natural aggregate listed for comparison. Heavyweight aggregates: Heavyweight concrete contains aggregates that are natural or synthetic which typically weigh more than 2, kg/m 3 and can range up to 4, kg/m weight aggregate is most commonly used for radiation shielding, counterweights and other.   This paper measures the extent to whichrecent increasesin the aggregate povertyrate are attributable to the changing distribution of employment across industries. We decompose the total poverty rate change over the period into components attributable to changesin employment sharesand changes in the incidence of poverty within by:


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Aggregate structural change Download PDF EPUB FB2

Next, based on recently updated data sources, it reexamines the relative contribution of the proximate determinants of labor productivity: physical capital, human capital, and aggregate efficiency. Finally, taking the structural change patterns of Latin America and East Asia as an example, it shows how labor misallocation across sectors generates large losses in aggregate efficiency and economy Author: Carlos Mendez-Guerra.

This book examines the growth experience Aggregate structural change book Chinese industry and manufacturing, with a special emphasis on the decomposition of growth, structural change, regional divergence and convergence, and technology spillovers. The decomposition analysis Cited by: 3.

Recent literature studies structural change and aggregate dynamics in neoclassical multi-sector growth models. A central aspect of this literature is the explanation of " Kaldor-Kuznets-stylized. Next, based on recently updated data sources, it reexamines the relative contribution of the proximate determinants of labor productivity: physical capital human capital, and aggregate efficiency.

Finally, taking the structural change patterns of Latin America and East Asia as an example, it shows how labor misallocation across sectors. Downloadable. One salient feature of business cycles in developed countries is that the aggregate employment is highly procyclical.

In China, however, the correlation of the cyclical components of aggregate employment and output is close to zero. In this paper, we document three new stylized facts: (1) the business cycle properties of employment at sector level (agriculture and non-agriculture Author: Wen Yao, Xiaodong Zhu.

The cross-country growth literature typically estimates an aggregate homogeneous production function or convergence regression model that abstracts from this process of structural change. as structural odel change effects.

Distribution effects on aggregate variables have been characterized in detail by Stoker(,a,b). The purpose of this paper is to characterize model change effects. Like the above cited papers, we characterize model change effects locally vis-a-vis their relation to. Since structural change - the secular decline of the agriculture’s share of employment - is a very prominent phenomenon in China during the period we study, we think it is important to have a unified model that can account for both the secular trend of structural change and the aggregate employment fluctuations around the trend.

In an independnet. contribution of broad patterns of structural change to aggregate trends in labor productivity. One of the striking findings in McMillan and Rodrik was the difference in this respect between Asia, on the one hand, and Africa and Latin America, on the other. The paper combines Baumol's model of structural change with a model of aggregate demand growth in the Keynesian–Kaleckian tradition to predict the dynamics of aggregate employment.

The model for the demand regime is estimated with – and Baumol's model for Cited by: Social and Structural Change book Consequences for Business Cycle Surveys - Selected Papers Presented at the 23rd Ciret Conference, Helsinki Edited By Karl Heinrich Oppenländer, Günter PoserAuthor: Karl Heinrich Oppenländer, Günter Poser.

We examine the role of structural change in the economic development of Vietnam from to Structural change accounted for a third of the growth in aggregate labor productivity during this period, which averaged percent per annum.

We discuss the role of reforms in agriculture, enterprises, and international integration in this process. Some of this growth can be attributed to increases in labor force participation. On a per worker basis, GDP still increased at a real rate of percent, implying a doubling of aggregate labor productivity every ten years and a quadrupling every twenty years.

This impressive growth performance accompanied two important structural by: Structural Change and Aggregate Employment Fluctuations in China and the US. Wen Yao and Xiaodong Zhu () Working Papers from University of Toronto, Department of Economics Abstract: The correlation between the cyclical components of aggregate employment and GDP is highly positive in the US, but close to zero in China.

We argue that the difference in the size of the agricultural sector is Author: Wen Yao, Xiaodong Zhu. However, the structure of silica aerogel will collapse under high temperature resulting in the decrease of its performance. This paper introduces a parameter s for describing the structural change in silica aerogel aggregates with increase in : GuoChenning, HuangDongmei, LinPeng.

Economics Seminar - Structural Change and Aggregate Employment Fluctuations in China and the US. Dr Xiaodong Zhu is the latest speaker in the Department of Economics’ Winter Seminar Series. The correlation between the cyclical components of aggregate employment and GDP is highly positive in the US, but close to zero in China.

We investigate the change in the aggregate earnings-returns relation from negative to positive. We first identify a gradual structural break around the second quarter of We then find evidence of three contributing factors to the change in the : Asher Curtis, Chang‐Jin Kim, Hyung Il Oh.

Globalization, structural change and productivity growth Margaret McMillan and Dani Rodrik * 2 49 Introduction One of the earliest and most central insights of the literature on economic development is that development entails structural change. The countries that manage to pull themselves out of poverty and get richer are those that are.

In the beginning, the direct contribution of structural change to the aggregate growth of labour productivity is measured by conventional shift-share analysis. Consistent with most of the literature, the structural components appear to be largely dominated by the within effects of productivity by: The American Concrete Institute.

Founded in and headquartered in Farmington Hills, Michigan, USA, the American Concrete Institute is a leading authority and resource worldwide for the development, dissemination, and adoption of its consensus-based standards, technical resources, educational programs, and proven expertise for individuals and organizations involved in concrete design.

Schumepterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in the international markets and to enter in sectors whose demand grows at higher rates.

The paper.of structural transformation - the secular reallocation of labor across sectors - and the time path of aggregate productivity across countries.

We measure sectoral la-bor productivity across countries using a model of the structural transformation. Productivity differences across countries are large in agriculture and services and.sectoral versus aggregate shocks 3 across sectors, they do not average out and thus become the dominant source of variation in aggregate economic activity.

The other two ex-planations rely on uncorrelated sector-specific shocks. The first of these, carefully articulated in Gabaix (), postulates a handful of very large.