"Structural Change and Economic Growth"(in Japanese)

Hiroshi Yoshikawa and Kazuyuki Matsumoto
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Hiroshi Yoshikawa: Faculty of Economics, University of Tokyo
Kazuyuki Matsumoto: Research Institute of Capital Formation, Development Bank of Japan

No CIRJE-J-37, CIRJE J-Series from CIRJE, Faculty of Economics, University of Tokyo

Abstract: This paper studies the empirical relationship between structural change and economic growth. Using long-term SNA data, by industry, we find a significantly positive relation between structural change and the growth rate for Japan and (West)Germany. Although such a relationship is not present for the United States in the post-war period, it can be found for the nineteenth and early twentieth century. We offer a brief discussion to explain such positive relationship between structural change and economic growth.

Pages: 30 pages
Date: 2000-12
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Persistent link: https://EconPapers.repec.org/RePEc:tky:jseres:2000cj37

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