Sectoral regularities of productivity growth in developing countries - A Kaldorian interpretation

Ute Pieper
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Ute Pieper: MERIT

No 30, Research Memorandum from Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT)

Abstract: This paper provides a Kaldorian interpretation for empirical regularities of productivity growth at thesectoral level of the economy. The statistical evidence is based on a data set drawn from internationallycompatible time series for employment and value added in thirty developing countries. Based on novelnonlinear statistical techniques the findings show: (i) a regular pattern of positive sectoral employmentelasticities with respect to output growth, (ii) robust differences across sectors in the magnitude of theemployment elasticities, and (iii) employment elasticities for all sectors that are significantly less thanunity suggesting strong evidence for increasing returns across sectors.

Keywords: economics of technology (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:unm:umamer:2000030

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