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  3. Varieties of Structural Transformation
  • Additional resources for this publication available here.
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    • Open access
  • Cited by 11
  • Kunal Sen, UNU-WIDER and University of Manchester
Publisher:
Cambridge University Press
Online publication date:
August 2023
Print publication year:
2023
Online ISBN:
9781009449939
DOI:
https://doi.org/10.1017/9781009449939
Creative Commons:
Creative Common License - CC Creative Common License - BY Creative Common License - NC Creative Common License - SA
This content is Open Access and distributed under the terms of the Creative Commons Attribution licence CC-BY-NC-SA 3.0 IGO https://creativecommons.org/creativelicenses
Subjects:
History, Political Economy, Economic Development and Growth, Economic History
Series:
Elements in Development Economics
Information

Book description

One of the key features of modern economic growth is the process of structural transformation, which is the movement of workers from agriculture to manufacturing and services. In this study, the author identifies different routes to structural transformation that we see in the developing world. They address the theoretical, empirical and policy implications of the 'varieties of structural transformation' in low and middle income countries. Firstly, using a comparable high-quality dataset, they set out the stylized facts of structural transformation across the developing world. Secondly, they assess the classical and neoclassical approaches to structural transformation and review the recent theoretical developments in the literature. Thirdly, they undertake descriptive and econometric analysis of the drivers of structural transformation, and the relationship between structural transformation and inequality. Finally, they assess the policy implications of our study for developing countries. This title is also available as Open Access on Cambridge Core.

References

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