The Drivers of Structural Changes

Structural change is an important feature in the process of economic growth. Most economies in the process of economic growth have appeared similar structural adjustment. The primary industry labor share declines; the tertiary industry labor share increases; the secondary industry labor share presents an inverted u-shaped change. This paper aims to analyze the driving mechanism of structural transformation from the perspectives of supply, demand, input and output, international trade and government public expenditure, and finally make a prospect for future structural transformation research from the perspectives of producer heterogeneity and consumer heterogeneity as well as the fourth wave of technological change — artificial intelligence.

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Economic growth and structural adjustment in transition (the case of the czech republic)

Prague Economic Papers ◽

10.18267/j.pep.55 ◽

1999 ◽

Vol 8 (4) ◽

Cited By ~ 1

Author(s):

Anna Kadeřábková

Keyword(s):

Economic Growth ◽

Economic Policy ◽

Policy Making ◽

Structural Adjustment ◽

Structural Changes ◽

Transition Process ◽

Structural Policy ◽

The Czech Republic ◽

Alternative Approaches ◽

Basic Alternative

The paper describes the problems of structural changes and structural policy within the framework of the relation between economic growth and structural changes, with attention given to the explanation of the principal growth and restructuring functions and their agents in the transition process. The basic alternative approaches to structural policy and their limits in achieving the designed goals are presented, including more general problems accompanying the structurally oriented economic policy-making. The paper is concluded with consideration of structural policy priorities in the transition process, and in support of adjustment capacity, influencing the costs of necessary structural changes.

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Research on Relationship between Industrial Structure and Economic Growth: Evidence from Henan Province in China

Applied Mechanics and Materials ◽

10.4028/www.scientific.net/amm.55-57.709 ◽

2011 ◽

Vol 55-57 ◽

pp. 709-712

Author(s):

Shu Hui Liu ◽

Wu Wei Li

Keyword(s):

Economic Growth ◽

Industrial Structure ◽

Henan Province ◽

Primary Industry ◽

Policy Makers ◽

Tertiary Industry ◽

Secondary Industry ◽

Grey Relational ◽

The Relationship ◽

Important Significance

Based on the statistical data during the period from 2000 to 2008 released by Henan Statistical Bureau in China, this paper applied the grey relational analysis to analyze the relationship between industrial structure including primary industry, secondary industry, tertiary industry and economic growth in Henan province in China. After detailed research, some results have been concluded for Henan province, the first of which is the relationship between industrial structure and economic growth during the period from 2000 to 2008 is very close, and the primary industry is the most important causation that brings about economic growth, the second of which is that tertiary industry played lager important significance than secondary industry during the economic growth in Henan province in China. Research results could provide valuable information for policy makers in government in their efforts to make appropriate economic polices.

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Analisis pengaruh investasi industri sektor primer, sektor sekunder dan sektor tersier terhadap pertumbuhan ekonomi di Provinsi Jambi

Jurnal Paradigma Ekonomika ◽

10.22437/paradigma.v14i2.8962 ◽

2019 ◽

Vol 14 (2) ◽

pp. 77-82

Author(s):

Nurhayani Nurhayani

Keyword(s):

Economic Growth ◽

Regression Result ◽

Research Model ◽

Primary Industry ◽

Tertiary Sector ◽

Tertiary Industry ◽

Industry Sector ◽

Secondary Industry ◽

Industry Investment ◽

Industry Sectors

The aims of this research are to determine the economic growth in Jambi Province and the factors that influence it. The variables of this research are economic growth, investment, primary industry sector investment, secondary industry sector investment, and tertiary industry sector investment as research variables. The research model is multiple linear analysis to determine the effect of primary, secondary and tertiary sector industry investment on economic growth in Jambi Province. Based on the regression result, only the research variable of realization of primary industry sector investment, which significantly influences economic growth in Jambi Province. While investment in secondary and tertiary industry sectors did not significantly affect economic growth in Jambi Province.

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Research on the Three Industrial Structure and Economic Growth Empirical Based on the Cobb - Douglas Production Function

Advanced Materials Research ◽

10.4028/www.scientific.net/amr.869-870.706 ◽

2013 ◽

Vol 869-870 ◽

pp. 706-709 ◽

Cited By ~ 1

Author(s):

Qun Wei Wang ◽

Gang Qiang Cha ◽

Ji Chao Jia

Keyword(s):

Economic Growth ◽

Production Function ◽

Industrial Structure ◽

Developed Countries ◽

Primary Industry ◽

Industrial Structures ◽

Secondary Industry ◽

The Relationship ◽

Stable Development ◽

Douglas Production Function

In this paper, the deformation of Cobb-Douglas production function was used to separate the Variable term, which the proportion of each industry affect economic growth, and further introduction of three industrial structure variables. The relationship between three industrial structures for 2001-2012 in Shaanxi and economic growth was analysis by the least squares estimation, the influence ratios, which industrial output value of share of GDP changes on effects of changes in economic growth can be acquired. The results showed that the adjustment of three industrial structure in Shaanxi conducive to economic growth, which meet the development of the three industrial structure in developed countries and consistent with the law in line with economic growth, namely a stable development of primary industry, optimizing the development of secondary industry, vigorous development of the tertiary industry.

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Structural changes and economic growth of the Republic of Serbia: The effects of applied structural adjustment models

Ekonomika ◽

10.5937/ekonomika2101001c ◽

2021 ◽

Vol 67 (1) ◽

pp. 1-16

Author(s):

Enes Ćorović ◽

Živorad Gligorijević ◽

Aleksandar Manasijević

Keyword(s):

Economic Growth ◽

Structural Adjustment ◽

Structural Changes ◽

Theoretical Knowledge ◽

Research Issue ◽

Economic Literature ◽

Long Run ◽

Macroeconomic Indicators ◽

The Republic ◽

Significant Repercussion

There is a general consensus in the economic literature that there is a strong correlation between structural changes and economic growth: structural changes are the most significant repercussion of economic growth, but at the same time, in the long run, it's most important factor. Having in mind this fact, the analysis of structural changes and economic growth of the Republic of Serbia is a key research issue on which this paper focuses. In that sense, the paper, based on relevant theoretical knowledge and reference statistics on the movement of basic macroeconomic indicators, monitors and analyzes the effects of applied models of economic growth in the process of structural adjustment of the economy of the Republic of Serbia during the first two decades of the 21st century, in which major, and in some sub periods, specific structural changes took place.

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Economic Growth: New Problems and New Risks

Voprosy Ekonomiki ◽

10.32609/0042-8736-2006-12-20-37 ◽

2006 ◽

pp. 20-37 ◽

Cited By ~ 6

Author(s):

M. Ershov

Keyword(s):

Economic Growth ◽

Foreign Exchange ◽

Driving Force ◽

Structural Changes ◽

Rate Of Growth

The economic growth, which is underway in Russia, raises new questions to be addressed. How to improve the quality of growth, increasing the role of new competitive sectors and transforming them into the driving force of growth? How can progressive structural changes be implemented without hampering the rate of growth in general? What are the main external and internal risks, which may undermine positive trends of development? The author looks upon financial, monetary and foreign exchange aspects of the problem and comes up with some suggestions on how to make growth more competitive and sustainable.

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From universalism to individualism: New approaches to economic growth analysis

Voprosy Ekonomiki ◽

10.32609/0042-8736-2019-11-108-126 ◽

2019 ◽

pp. 108-126

Author(s):

Ivan L. Lyubimov

Keyword(s):

Economic Growth ◽

Structural Transformation ◽

Emerging Economies ◽

Growth Analysis ◽

Extended Period ◽

Economic Policies ◽

Adequate Account ◽

New Approaches ◽

Catching Up

This paper examines the evolution of academic and applied approaches to analyze the problem of economic growth since the mid-XX century. For quite an extended period of time, these views were corresponding to universalist economic policies taking no adequate account of particularities and limitations that a certain catching-up economy embodied. New approaches analyzing the problems of economic growth, on the contrary, individualize growth diagnostics, structural transformation and the organization of reforms processes for the emerging economies. We argue that individualist approaches might be potentially more effective than the universalist ones for solving the problem of slow economic growth.

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Anti-crisis measures or structural reforms: Russia’s economic policy in 2015

Voprosy Ekonomiki ◽

10.32609/0042-8736-2016-2-5-33 ◽

2016 ◽

pp. 5-33 ◽

Cited By ~ 5

Author(s):

V. Mau

Keyword(s):

Economic Growth ◽

Economic Policy ◽

Structural Transformation ◽

Growth Model ◽

Emerging Economies ◽

Social Issues ◽

Import Substitution ◽

Structural Reforms ◽

Energy Prices ◽

New Models

The paper deals with 2015 trends and challenges for social and economic policy in the nearest future. The analysis of global crisis includes: uneven developments in the leading advanced and emerging economies; new models of economic growth which look differently in different countries; prospects of globalization and challenges of ‘regional globalization’; currency configurations of the future; energy prices dynamics and its influence on political and economic prospects of particular states. Current challenges are discussed in the context of previous 30 years. Among the main topics on Russia, there are approaches to a new growth model, structural transformation (including import substitution issues), economic dynamics, budget and monetary outlines, social issues. The priorities of economic policy are also considered.

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