Structural Transformation In Employment And Productivity

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Structural Change Fundamentals And Growth A Framework And Case Studies

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Author : McMillan, Margaret
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2017-05-11

Structural Change Fundamentals And Growth A Framework And Case Studies written by McMillan, Margaret and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-11 with Political Science categories.

Structural Transformation And Economic Development

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Author : Banji Oyelaran-Oyeyinka
language : en
Publisher: Taylor & Francis
Release Date : 2016-09-13

Structural Transformation And Economic Development written by Banji Oyelaran-Oyeyinka and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-13 with Business & Economics categories.

This book examines long-term structural changes and the broad impact on economic development in regional comparative perspectives. The book analyzes data across Africa, Asia and Latin America. It looks at key variables of productivity growth, industrialization, poverty, urbanization, and employment. This book is concerned with understanding structural change dynamics and how it affects job creation, living standards, and the efficiency of productive cities through manufacturing productivity growth that benefits majority of citizens. With empirical evidence from a selected number of developing countries including China, India, Brazil, Nigeria and South Africa, the book attempts to present the considerable structural changes of these countries over the last few decades. It highlights that growth without the expected job creation is one of the distinct features of growth in emerging and developing countries. It suggests that countries may well record economic growth, whether through within sector productivity increase or through structural change, but this may not necessarily lead to employment, an important concern for long-term development.

Structural Transformation In Employment And Productivity

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Author : Ms.Louise Fox
language : en
Publisher: International Monetary Fund
Release Date : 2017-04-07

Structural Transformation In Employment And Productivity written by Ms.Louise Fox and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-07 with Political Science categories.

This paper provides the most complete analysis of the structural transformation among low- and low-middle-income countries in sub-Saharan Africa to date.

Varieties Of Structural Transformation

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Author : Kunal Sen
language : en
Publisher: Cambridge University Press
Release Date : 2023-09-30

Varieties Of Structural Transformation written by Kunal Sen and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-30 with Business & Economics categories.

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. This study identifies different routes to structural transformation that we see in the developing world. This title is also available as Open Access on Cambridge Core.

Structural Reforms And Labor Reallocation A Cross Country Analysis

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Author : Khalid ElFayoumi
language : en
Publisher: International Monetary Fund
Release Date : 2018-03-19

Structural Reforms And Labor Reallocation A Cross Country Analysis written by Khalid ElFayoumi and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-19 with Business & Economics categories.

Institutional and market frictions impose costs on the reallocation of labor from low to high productivity sectors, leading to suboptimal allocations and a loss in aggregate labor productivity. Using cross-country sector-level data, we use a dynamic panel error correction model to compute the speed of sectoral labor adjustment, as well as the contribution of structural reforms in governance, labor and product markets, trade and openness, and the financial sector to lowering the costs of labor reallocation. We find that, on average, sectoral employment shares converge towards equilibrium allocations, closing about 13.7 percent of labor productivity gaps each year; this speed of labor adjustment varies across sectors and income groups. On structural reforms, we find a significant association between more efficient labor reallocation and financial market liberalization, less bureaucracy, strong judicial and regulatory environment, trade liberalization, better education and more flexible labor and product markets.

Structural Transformation And The Volatility Of Aggregate Output In Oecd Countries

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Author : Mr.Constant Lonkeng Ngouana
language : en
Publisher: International Monetary Fund
Release Date : 2013-02-15

Structural Transformation And The Volatility Of Aggregate Output In Oecd Countries written by Mr.Constant Lonkeng Ngouana and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-15 with Business & Economics categories.

This paper finds a negative relationship between the employment share of the service sector and the volatility of aggregate output in the OECD—after controlling for the level of financial development. This result reflects volatility differentials across sectors: labor productivity is more volatile in agriculture and manufacturing than in services. Aggregate output would therefore become less volatile as labor moves away from agriculture and manufacturing and toward the service sector. I examine the quantitative role of these labor shifts—termed structural transformation—on the volatility of aggregate output in OECD countries. I first calibrate to the U.S. economy an indivisible labor model in which the reallocation of labor across sectors emerges endogenously from sectoral labor productivity growth differentials. The setup is then used to generate the time path of labor shares in agriculture, manufacturing and services in individual countries. Finally, I perform a set of counterfactual analyzes in which the reallocation of labor across sectors is constrained endogenously. I find that the secular shift of labor towards the service sector was volatility-reducing in OECD countries during 1970–2006.

Inclusive Growth Full Employment And Structural Change

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Author : Jesus Felipe
language : en
Publisher: Anthem Press
Release Date : 2012-12-15

Inclusive Growth Full Employment And Structural Change written by Jesus Felipe and has been published by Anthem Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-15 with Business & Economics categories.

‘Inclusive Growth, Full Employment, and Structural Change: Implications and Policies for Developing Asia’ discusses policies to achieve inclusive growth in developing Asia, including those relating to agriculture, investment, certain state interventions, monetary, fiscal, and the role of the state as employer of last resort. Felipe argues that in order to deliver inclusive growth, Asian leaders must commit to the goal of full employment.

From Farms To Factories And Firms

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Author : Amanina Abdur Rahman
language : en
Publisher:
Release Date : 2020

From Farms To Factories And Firms written by Amanina Abdur Rahman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.

Growth And Structural Transformation

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Author : Kwang Suk Kim
language : en
Publisher: BRILL
Release Date : 2020-03-17

Growth And Structural Transformation written by Kwang Suk Kim and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-17 with History categories.

This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.

Structural Transformation Of Bangladesh Economy

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Author : Mustafa K. Mujeri
language : en
Publisher: Springer Nature
Release Date : 2021-03-18

Structural Transformation Of Bangladesh Economy written by Mustafa K. Mujeri and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-18 with Business & Economics categories.

This book examines the theory and global evidence on structural transformation along with stylised facts and implications using, among others, a dynamic panel model, for South Asia. The characteristics of the structural transformation process in Bangladesh bring out the relevance of a comprehensive and inclusive South Asian ‘brand’ in view of the challenges of large population size, high burden of poverty, rising inequalities and its compulsion to achieve rapid and sustained inclusive development. The analysis highlights several distinct characteristics of Bangladesh’s structural transformation including changes in value added, trade, employment, productivity, formal-informal jobs, and opportunities for low-skilled workers. The book suggests that the manufacturing sector could not create the required number of jobs and generate rapid absolute and relative productivity gains in the Bangladesh economy. Although the services sector has largely led output and employment growth, services subsectors with strong labour absorptive capacity have low average productivity. Hence, growth-enhancing structural transformation led by these subsectors is likely to be less dynamic than required for rapid employment-creating growth in the economy. The book’s analysis on COVID-19 and cyclone Amphan shows that an integrated disaster and development paradigm is needed for Bangladesh. An inclusive and health and well-being focused structural transformation presents the pathway to advance the people-centred approach to development in Bangladesh through both vulnerability reduction and investments in sustainable development that would offset both known and unknown disaster threats. The key for Bangladesh is to skillfully manage the ‘developer’s dilemma’ of achieving both structural transformation in terms of large productivity gains and inclusive growth for reducing poverty and rising inequalities. This book is relevant to students, academicians and development practitioners and others interested in contemporary development.