New Perspectives on Structural Change is a comprehensive edited volume that outlines both the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field. The volume consists of four main sections. The first section covers the theoretical foundations of the structural change literature. The second section presents an empirical overview of the major trends of structural change, using up-to-date data sources and methods. The third section presents a broad ranging empirical analysis of the drivers of structural change. The fourth section examines how processes such as inclusive growth, poverty reduction, productive employment, the global income distribution, and environmental sustainability are affected by structural change, and how they can be influenced by policy.
Preface
1:An Introduction to New Perspectives on Structural Change, Adam Szirmai and Neil Foster-McGregor
Part 1: Theoretical Contributions
2:Structuralists' Contribution to Development Thinking: Old, New, and Unresolved Issues, Nicola Cantore and Ludovico Alcorta
3:Latin-American Structuralism and Neo-Structuralism, Gabriel Porcile
4:Structure and Structural Change in Macroeconomic Theory, Codrina Rada
5:Structural Change and the Role of Demand, Ricardo Araujo and Joanilio Teixeira
6:Investment, Profitability, and Structural Change, John Weiss and Hossein Jalilian
7:Technological Revolutions, Structural Change, and Catching Up, Jan Fagerberg and Bart Verspagen
8:Structural Change in General Equilibrium Thinking, Alessio Moro and Carlo Valdes
9:The Geographical Dimension of Structural Change, Ron Boschma
10:Economic Complexity Perspectives on Structural Change, Clovis Freire
Part 2: Empirical Trends
11:Structural Change as a Modernization Process, Alejandro Lavopa and Adam Szirmai
12:Sectoral Dynamics, Nobuya Haraguchi and Jürgen Amann
13:The Rise of the Service Sector in the Global Economy, Solomon Owusu, Adam Szirmai, and Neil Foster-McGregor
14:Patterns of Diversification and Specialization in International Trade, Önder Nomaler and Bart Verspagen
15:Structural Change in Exports, Marcel Timmer and Stefan Pahl
Part 3: Drivers of Structural Change
16:Technical Progress and Structural Change, Alessandro Nuvolari and Emanuele Russo
17:Determinants of Industrial Development, Fiona Tregenna, Kevin Nell, and Chris Callaghan
18:Trade Liberalization, Structural Change, and Economic Growth, Michael Landesmann and Neil Foster-McGregor
19:The Role of Comparative Advantage, Endowments, and Technology in Structural Transformation, Giovanni Dosi and Matteo Tranchero
20:Finance and Structural Change, Stephany Griffith-Jones and José Antonio Ocampo
21:FDI, Multinationals and Structural Change in Developing Countries, Andre Pineli, Rajneesh Narula, and René Belderbos
22:Three Barriers to Structural Changes and Catch-Up by the Latecomers, Keun Lee, Shanika Ramanayake, and Wonkyu Shin
Part 4: Socio-Economic Impacts of Structural Change and Policy Perspectives
23:How Has Globalisation Affected the Economic Growth, Structural Change and Poverty Reduction Linkages?, Aradhna Aggarwal
24:Structural Change, Economic Development and the Labour Market, Önder Nomaler, Bart Verspagen, and Adriaan van Zon
25:Globalisation, Structural Change and Technological Progress In Emerging Economies, Marco Vivarelli
26:Structural Change and the Environment, Giovanni Marin and Massimilanio Mazzanti
27:Structural Transformation, Old and New Industrial Policies, and Implications for Development, Jesus Felipe
28:The Political Economy of Structural Change, Ha-Joon Chang and Christopher Hope