Kuznets and Pasinetti on the study of structural transformation: Never the Twain shall meet?

Moshe Syrquin

Structural Change and Economic Dynamics, 2010, vol. 21, issue 4, 248-257

Abstract: The main characteristics of the economic growth of nations are a sustained increase in the growth of output and factor productivity and a widespread process of structural transformation. In this paper I contrast two of the few important authors that do not ignore structural change: Kuznets and Pasinetti. Over several decades the two approaches have developed in an almost orthogonal manner. I discuss the reasons and evaluate the relevance of the approaches for the study of economic development.

Keywords: Structural; change; Economic; growth; and; development; Kuznets; Pasinetti (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (17)

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Related works:
Working Paper: Kuznets and Pasinetti on the Study of Structural Transformation: Never the Twain Shall Meet? (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:21:y:2010:i:4:p:248-257

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