Details about Akos Valentinyi

Homepage:	https://sites.google.com/site/valentinyiakos/
Phone:	+44 161 2751388
Postal address:	Department of Economics, School of Social Sciences University of Manchester Arthur Lewis Building, Oxford Road Manchester M13 9PL
Workplace:	Department of Economics, School of Social Sciences, University of Manchester, (more information at EDIRC) Közgazdaság-tudományi Intézet (Institute of Economics), Közgazdaság- és Regionális Tudományi Kutatóközpont (Centre for Economic and Regional Studies), (more information at EDIRC)

Access statistics for papers by Akos Valentinyi.

Last updated 2026-05-29. Update your information in the RePEc Author Service.

Short-id: pva126

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Working Papers

2022

1. New Evidence on Sectoral Labor Productivity: Implications for Industrialization and Development
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
   Also in CEPR Discussion Papers, Centre for Economic Policy Research (2022)

2020

2. Measuring Aggregate Economic Activity
   CEPR Discussion Papers, Centre for Economic Policy Research View citations (3)

2019

3. Local Autonomy and Government Spending Multipliers: Evidence from European Regions
   CEPR Discussion Papers, Centre for Economic Policy Research View citations (5)
4. Misallocation at the Industry Level
   2019 Meeting Papers, Society for Economic Dynamics

2018

5. Quantity Measurement and Balanced Growth in Multi-Sector Growth Models
   2018 Meeting Papers, Society for Economic Dynamics
6. Structural Change in Investment and Consumption: A Unified Approach
   2018 Meeting Papers, Society for Economic Dynamics View citations (3)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (3)

2017

7. Structural Change within the Service Sector and the Future of Baumol's Disease
   CEPR Discussion Papers, Centre for Economic Policy Research View citations (46)
8. Unbalanced Growth Slowdown
   2017 Meeting Papers, Society for Economic Dynamics View citations (5)

2015

9. Economic convergence and structural change in the new member states of the European Union Convergence in volumes, prices and the share of services, with implications for wage convergence: an expenditure-side analysis
   KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (1)
10. Endogenous Sector-Biased Technological Change and Industrial Policy
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (1)
    See also Journal Article Endogenous sector–biased technological change and industrial policy, Economic Modelling, Elsevier (2022) View citations (4) (2022)

2013

11. European imbalances
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (6)
12. Growth and Structural Transformation
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (85)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (92)
    2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (1)
    See also Chapter Growth and Structural Transformation, Handbook of Economic Growth, Elsevier (2014) View citations (472) (2014)
13. Labour market reforms and youth unemployment
    Munich Reprints in Economics, University of Munich, Department of Economics
14. Macroeconomic outlook
    Munich Reprints in Economics, University of Munich, Department of Economics
15. Sectoral Technology and Structural Transformation
    2013 Meeting Papers, Society for Economic Dynamics View citations (15)
    Also in CEPR Discussion Papers, Centre for Economic Policy Research (2013) View citations (45)
    KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies (2012)
    See also Journal Article Sectoral Technology and Structural Transformation, American Economic Journal: Macroeconomics, American Economic Association (2015) View citations (139) (2015)
16. Us precedents for europe
    Munich Reprints in Economics, University of Munich, Department of Economics

2011

17. Two Perspectives on Preferences and Structural Transformation
    KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (7)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (27)
    See also Journal Article Two Perspectives on Preferences and Structural Transformation, American Economic Review, American Economic Association (2013) View citations (333) (2013)

2010

18. The Long-Lived Effects of Historic Climate on the Wealth of Nations
    2010 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in CEPR Discussion Papers, Centre for Economic Policy Research (2009) View citations (8)
    MPRA Paper, University Library of Munich, Germany (2009) View citations (8)

2009

19. Structural Transformation and Economic Growth
    2009 Meeting Papers, Society for Economic Dynamics

2008

20. Measuring Factor Income Shares at the Sectoral Level
    KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (260)
    See also Journal Article Measuring Factor Income Shares at the Sector Level, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2008) View citations (263) (2008)

2007

21. Measuring Factor Income Shares at the Sector Level - A Primer
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (10)

2006

22. Which Sectors Make the Poor Countries so Unproductive?
    2006 Meeting Papers, Society for Economic Dynamics View citations (15)
    Also in KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies (2005) View citations (5)
    See also Journal Article WHICH SECTORS MAKE POOR COUNTRIES SO UNPRODUCTIVE?, Journal of the European Economic Association, European Economic Association (2012) View citations (81) (2012)

2005

23. How Relative Prices Differ Across Countries, and
    2005 Meeting Papers, Society for Economic Dynamics
24. What Sectors Make the Poor Countries So Unproductive?
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (3)

2004

25. Accounting for the Cross--country Differences in Income and Physical and Human Capital
    2004 Meeting Papers, Society for Economic Dynamics
26. Independence and Heterogeneity in Games of Incomplete Information
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (3)

2003

27. Independence, Heterogeneity and Uniqueness in Interaction Games
    KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies

2002

28. Determinacy Through Intertemporal Capital Adjustment Costs
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (1)
    Also in KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies (2002)
29. Neoclassical Growth Model with Externalities
    KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (3)
30. Occupational Choice, Financial Market Imperfections and Development
    Working Papers, University of Milano-Bicocca, Department of Economics
31. On the Stability of the Two-Sector Neoclassical Growth Model with Externalities
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (4)
    Also in Working Papers, Department of Economics, W. P. Carey School of Business, Arizona State University
    See also Journal Article On the stability of the two-sector neoclassical growth model with externalities, Journal of Economic Dynamics and Control, Elsevier (2006) View citations (13) (2006)
32. Subsidies, Soft Budget Constraints and Financial Market Imperfections
    Working Papers, University of Milano-Bicocca, Department of Economics View citations (1)

2001

33. Contagion and State Dependent Mutations
    KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (1)
    See also Journal Article Contagion and State Dependent Mutations, The B.E. Journal of Theoretical Economics, De Gruyter (2003) View citations (14) (2003)
34. Determinacy with Capital Adjustment Costs and Sector-Specific Externalities
    CEPR Discussion Papers, Centre for Economic Policy Research
    Also in KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies (2000) View citations (1)
35. Inflation, Growth, and Credit Services
    Development and Comp Systems, University Library of Munich, Germany
    Also in CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague (2000) View citations (4)
    Transition Economics Series, Institute for Advanced Studies (1999) View citations (5)

1999

36. Occupational Choice, Wealth Distribution and Development
    Working Papers, University of Milano-Bicocca, Department of Economics
37. Ruling out multiplicity and indeterminacy: The role of heterogeneity
    UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía
    See also Journal Article Ruling Out Multiplicity and Indeterminacy: The Role of Heterogeneity, The Review of Economic Studies, Review of Economic Studies Ltd (2000) View citations (66) (2000)

1998

38. Ruling out Indeterminacy: the Role of Heterogeneity
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (2)

1993

39. Macroeconomic Policy, Liberalization and Transition: Hungary's Case
    CASE Network Studies and Analyses, CASE-Center for Social and Economic Research

Undated

40. The Balassa-Samuelson Hypothesis Forty Years Later
    Working Papers, Department of Economics, W. P. Carey School of Business, Arizona State University

Journal Articles

2024

1. Structural Change within the Services Sector and the Future of Cost Disease
   Journal of the European Economic Association, 2024, 22, (1), 428-473 View citations (2)

2023

2. Geographic Cross‐Sectional Fiscal Spending Multipliers and the Role of Local Autonomy: Evidence from European Regions
   Journal of Money, Credit and Banking, 2023, 55, (6), 1357-1396 View citations (3)

2022

3. Endogenous sector–biased technological change and industrial policy
   Economic Modelling, 2022, 113, (C) View citations (4)
   See also Working Paper Endogenous Sector-Biased Technological Change and Industrial Policy, CEPR Discussion Papers (2015) View citations (1) (2015)

2021

4. Structural Change in Investment and Consumption—A Unified Analysis
   (Capital Deepening and Non-balanced Economic Growth)
   The Review of Economic Studies, 2021, 88, (3), 1311-1346 View citations (19)
5. The productivity growth slowdown and Kaldor’s growth facts
   Journal of Economic Dynamics and Control, 2021, 130, (C) View citations (11)

2020

6. The role of Provincial Government Spending Composition in growth and convergence in China
   Economic Modelling, 2020, 90, (C), 117-134 View citations (10)

2019

7. Growth and the Kaldor Facts
   Review, 2019, 101, (4), 259-76 View citations (3)

2015

8. Authors: The Members of the European Economic Advisory Group at CESifo
   EEAG Report on the European Economy, 2015, 99-101
   Also in EEAG Report on the European Economy, 2012, 151-154 (2012)
   EEAG Report on the European Economy, 2013, 111-113 (2013) View citations (1)
   EEAG Report on the European Economy, 2014, 111-113 (2014)
9. Chapter 1: Macroeconomic Outlook
   EEAG Report on the European Economy, 2015, 13-50
   Also in EEAG Report on the European Economy, 2014, 15-53 (2014)
   EEAG Report on the European Economy, 2012, 17-56 (2012)
   EEAG Report on the European Economy, 2013, 13-54 (2013)
10. Chapter 2: The European EnergyConundrum: Power Failure
    EEAG Report on the European Economy, 2015, 51-65
11. Chapter 3: European Regional Disparity: Borders Strike Back
    EEAG Report on the European Economy, 2015, 66-77
12. Chapter 4:Migration in the European Union: Too much of a goodthing?
    EEAG Report on the European Economy, 2015, 78-96
13. Recommendations for Europe
    EEAG Report on the European Economy, 2015, 06-07
    Also in EEAG Report on the European Economy, 2012, 06-08 (2012)
    EEAG Report on the European Economy, 2014, 06-07 (2014)
    EEAG Report on the European Economy, 2013, 06-07 (2013) View citations (1)
14. Sectoral Technology and Structural Transformation
    American Economic Journal: Macroeconomics, 2015, 7, (4), 104-33 View citations (139)
    See also Working Paper Sectoral Technology and Structural Transformation, 2013 Meeting Papers (2013) View citations (15) (2013)
15. Summary
    EEAG Report on the European Economy, 2015, 08-12
    Also in EEAG Report on the European Economy, 2013, 08-12 (2013)
    EEAG Report on the European Economy, 2014, 08-13 (2014)
    EEAG Report on the European Economy, 2012, 08-16 (2012)
16. The EEAG Report on the European Economy 2015: Blurring the Borders
    EEAG Report on the European Economy, 2015, 1-108 View citations (2)

2014

17. Chapter 2: Switzerland: Relic of the Past, Model for the Future?
    EEAG Report on the European Economy, 2014, 55-73 View citations (3)
18. Chapter 3: Austerity: Hurting but Helping
    EEAG Report on the European Economy, 2014, 75-90
19. Chapter 4: Banking Union: Who Should Take Charge?
    EEAG Report on the European Economy, 2014, 91-108
20. The EEAG Report on the European Economy 2014: The road towards cohesion
    EEAG Report on the European Economy, 2014, 01-120 View citations (4)

2013

21. Chapter 2: European Imbalances
    EEAG Report on the European Economy, 2013, 55-72 View citations (3)
22. Chapter 3: Labour Market Reform and Youth Unemployment
    EEAG Report on the European Economy, 2013, 73-94 View citations (3)
23. Chapter 4: US Precedents for Europe
    EEAG Report on the European Economy, 2013, 95-107
24. EEAG Report on the European Economy 2013 - Rebalancing Europe
    EEAG Report on the European Economy, 2013, 01-116 View citations (3)
25. Javaslat a magyarországi közgazdasági doktori képzés korszerűsítésére
    (Proposal for modernizing the doctoral training for economics in Hungary)
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 2013, LX, (6), 722-732 View citations (5)
26. Two Perspectives on Preferences and Structural Transformation
    American Economic Review, 2013, 103, (7), 2752-89 View citations (333)
    See also Working Paper Two Perspectives on Preferences and Structural Transformation, KRTK-KTI WORKING PAPERS (2011) View citations (7) (2011)

2012

27. Chapter 2: The European Balance-of-Payments Problem
    EEAG Report on the European Economy, 2012, 57-82 View citations (1)
28. Chapter 3: Banking Regulation
    EEAG Report on the European Economy, 2012, 83-98
29. Chapter 4: The Swedish Model
    EEAG Report on the European Economy, 2012, 99-114 View citations (3)
30. Chapter 5: The Hungarian Crisis
    EEAG Report on the European Economy, 2012, 115-130 View citations (3)
31. Chapter 6: Pricing Climate Change
    EEAG Report on the European Economy, 2012, 131-145
32. EEAG Report on the European Economy 2012
    EEAG Report on the European Economy, 2012, 01-156 View citations (5)
33. WHICH SECTORS MAKE POOR COUNTRIES SO UNPRODUCTIVE?
    Journal of the European Economic Association, 2012, 10, (2), 323-341 View citations (81)
    See also Working Paper Which Sectors Make the Poor Countries so Unproductive?, 2006 Meeting Papers (2006) View citations (15) (2006)

2010

34. Pirruszi dezinfláció vagy tartósan alacsony inflációs környezet?
    (Pyrrhic deflation or a persistently low-inflation environment?)
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 2010, LVII, (10), 868-875 View citations (2)

2008

35. Költségvetési fenntarthatóság
    (Budget sustainability)
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 2008, LV, (5), 395-426 View citations (4)
36. Measuring Factor Income Shares at the Sector Level
    Review of Economic Dynamics, 2008, 11, (4), 820-835 View citations (263)
    See also Working Paper Measuring Factor Income Shares at the Sectoral Level, KRTK-KTI WORKING PAPERS (2008) View citations (260) (2008)

2006

37. On the stability of the two-sector neoclassical growth model with externalities
    Journal of Economic Dynamics and Control, 2006, 30, (8), 1339-1361 View citations (13)
    See also Working Paper On the Stability of the Two-Sector Neoclassical Growth Model with Externalities, CEPR Discussion Papers (2002) View citations (4) (2002)

2005

38. Jegybanki bejelentések és makroökonómiai stabilitás
    (Central-bank announcements and macroeconomic stability)
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 2005, LII, (11), 811-824

2003

39. Contagion and State Dependent Mutations
    The B.E. Journal of Theoretical Economics, 2003, 3, (1), 29 View citations (14)
    See also Working Paper Contagion and State Dependent Mutations, KRTK-KTI WORKING PAPERS (2001) View citations (1) (2001)
40. Determinacy Through Intertemporal Adjustment Costs
    Review of Economic Dynamics, 2003, 6, (3), 483-497 View citations (7)

2002

41. Gazdasági növekedés, felzárkózás és költségvetési politika
    (Economic growth, catching up, and fiscal policy)
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 2002, XLIX, (1), 1-23 View citations (4)

2001

42. A tőkejövedelem optimális adóztatása
    (The optimal taxation of capital income)
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 2001, XLVIII, (6), 459-479 View citations (1)

2000

43. Gazdasági növekedés, felzárkózás és költségvetési politika egy kis, nyitott gazdaságban
    (Economic growth, catching up and budgetary policy in a small economy)
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 2000, XLVII, (6), 391-410 View citations (2)
44. Noisy Contagion Without Mutation
    The Review of Economic Studies, 2000, 67, (1), 47-56 View citations (25)
45. Ruling Out Multiplicity and Indeterminacy: The Role of Heterogeneity
    The Review of Economic Studies, 2000, 67, (2), 295-307 View citations (66)
    See also Working Paper Ruling out multiplicity and indeterminacy: The role of heterogeneity, UC3M Working papers. Economics (1999) (1999)

1995

46. Endogén növekedéselmélet. Áttekintés
    (Endogeneous theory of growth: a review)
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 1995, XLII, (6), 582-594 View citations (10)
47. Pénzügyi fejlődés, infláció és a gazdasági növekedés. Három dinamikus optimalizálási modell
    (Financial development, inflation and economic growth. Three dynamic optimization models)
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 1995, XLII, (9), 838-859

1992

48. Monetary policy and stabilisation in Hungary
    Europe-Asia Studies, 1992, 44, (6), 985-995

Chapters

2014

1. Growth and Structural Transformation
   Chapter 06 in Handbook of Economic Growth, 2014, vol. 2, pp 855-941 View citations (472)
   See also Working Paper Growth and Structural Transformation, Centre for Economic Policy Research (2013) View citations (85) (2013)