Anatomizing the Mechanics of Structural Change

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Alonso Carrera, Jaime; Freire Serén, María Jesús; Raurich, Xavier;
(2017)
  • Publisher: Universitat de Barcelona. Facultat d'Economia i Empresa
  • Subject: Labor market | Productivity | Economic growth | Mercat de treball | Productivitat | Creixement econòmic | Aprenentatge organitzatiu | Organizational learning

We characterize several possible mechanisms of structural change by using a general multisector growth model, where preferences and technologies are not parameterized. In this generic set up, we derive the growth rates of sectoral employment shares at the equilibrium. W... View more
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