Empirical Analysis of the Interconnection between Structural Changes and Labour Productivity

Rossitsa Rangelova

Economic Studies journal, 2013, issue 1, 3-40

Abstract: The paper discusses the change of the influence of certain branches and branch changes on the economic growth, particularly the labor productivity observed in the last few decades. As a result the processing industry is replaced by the service sector, which gradually becomes dominating since 1970s. For this purpose it is proved with the results of a long-lasting work of the Groningen Growth and Development Centre (The Netherlands) concerning countries from European Union and USA in the second half of 20th century – mainly in 1980s and 1990s and until the middle of the first decade of 21st century. The achieved results give reasons for a change of the existing stylized facts formulated by N. Kaldor (1967), S. Kuznets (1971) and A. Maddison (1980).

JEL-codes: C4 O4 O47 O5 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2013:i:1:p:3-40

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