Publication:
Structural Change and Cross-Country Growth Empirics

Simple item page
dc.contributor.authorEberhardt, Markus
dc.contributor.authorTeal, Francis
dc.date.accessioned2013-01-25T21:52:20Z
dc.date.available2013-01-25T21:52:20Z
dc.date.issued2013-01
dc.description.abstractOne of the most striking features of economic growth is the process of structural change whereby the share of agriculture in GDP decreases as countries develop. The cross-country growth literature typically estimates an aggregate homogeneous production function or convergence regression model that abstracts from this process of structural change. This paper investigates the extent to which assumptions about aggregation and homogeneity matter for inferences regarding the nature of technology differences across countries. Using a unique World Bank dataset, it estimates production functions for agriculture and manufacturing in a panel of 40 developing and developed countries for the period from 1963 to 1992. It empirically models dimensions of heterogeneity across countries, allowing for different choices of technology within both sectors. The paper argues that heterogeneity is important within sectors across countries implying that an analysis of aggregate data will not produce useful measures of the nature of the technology or productivity. It shows that many of the puzzling elements in aggregate cross-country empirics can be explained by inappropriate aggregation across heterogeneous sectors.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/01/17196537/structural-change-cross-country-growth-empirics
dc.identifier.doi10.1596/1813-9450-6335
dc.identifier.urihttps://hdl.handle.net/10986/12157
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 6335
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGGREGATE FUNCTIONS
dc.subjectAGGREGATE PRODUCTION FUNCTION
dc.subjectAGRICULTURE
dc.subjectAPPROPRIATE TECHNOLOGY
dc.subjectAVAILABILITY OF DATA
dc.subjectBANDWIDTH
dc.subjectBASE YEAR
dc.subjectBENCHMARK
dc.subjectBI
dc.subjectBIASES
dc.subjectBUSINESS CYCLES
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL STOCK
dc.subjectCAPITAL-LABOR
dc.subjectCAPITAL-LABOR RATIOS
dc.subjectCD
dc.subjectCOINTEGRATION
dc.subjectCOMMON DENOMINATOR
dc.subjectCONFIDENCE INTERVALS
dc.subjectCONSTANT RETURNS
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectCULTURAL CHANGE
dc.subjectDATA ANALYSIS
dc.subjectDATA LIMITATIONS
dc.subjectDATA SOURCES
dc.subjectDECREASING RETURNS
dc.subjectDEFLATION
dc.subjectDEFLATORS
dc.subjectDESCRIPTIVE STATISTICS
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDIFFUSION INDEXES
dc.subjectDUAL ECONOMY
dc.subjectECONOMETRIC MODELING
dc.subjectECONOMETRICS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC STATISTICS
dc.subjectECONOMIC SURVEYS
dc.subjectECONOMIC THEORY
dc.subjectELASTICITY
dc.subjectEMPIRICAL METHODS
dc.subjectEQUATIONS
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXTERNALITIES
dc.subjectFACTOR ACCUMULATION
dc.subjectFACTOR ANALYSIS
dc.subjectFACTOR DEMAND
dc.subjectFINANCIAL CRISIS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBALIZATION
dc.subjectGROWTH ACCOUNTING
dc.subjectGROWTH ANALYSIS
dc.subjectGROWTH LITERATURE
dc.subjectGROWTH MODEL
dc.subjectGROWTH MODELS
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectGROWTH REGRESSIONS
dc.subjectHUMAN CAPITAL
dc.subjectHYPOTHESES
dc.subjectIMPLEMENTATIONS
dc.subjectINCOME PER CAPITA
dc.subjectINCREASING RETURNS
dc.subjectINCREASING RETURNS TO SCALE
dc.subjectINDEPENDENT VARIABLES
dc.subjectINDUSTRIALIZATION
dc.subjectINNOVATION
dc.subjectINSTRUMENTAL VARIABLES
dc.subjectINTERNATIONAL COMPARISONS
dc.subjectINTERNATIONAL INVESTMENT
dc.subjectINVENTORY
dc.subjectLABOR FORCE
dc.subjectLESS DEVELOPED COUNTRIES
dc.subjectLINEAR REGRESSION
dc.subjectLOGARITHMS
dc.subjectLOW INTEREST RATE
dc.subjectMACROECONOMIC FORECASTING
dc.subjectMACROECONOMICS
dc.subjectMANUFACTURING
dc.subjectMATRIX
dc.subjectNATIONAL INCOME
dc.subjectNATURAL RESOURCES
dc.subjectONLINE DATABASE
dc.subjectOPEN ACCESS
dc.subjectOUTLIERS
dc.subjectOUTPUT STRUCTURE
dc.subjectPOLITICAL ECONOMY
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTION PROCESS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPURCHASING POWER
dc.subjectPURCHASING POWER PARITY
dc.subjectR&D
dc.subjectRANDOM WALKS
dc.subjectREAL GDP
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectRETURNS TO SCALE
dc.subjectSIMULTANEOUS EQUATIONS
dc.subjectSTANDARD ERRORS
dc.subjectSTATA
dc.subjectSTRUCTURAL CHANGE
dc.subjectTECHNICAL PROGRESS
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectTFP
dc.subjectTIME PERIOD
dc.subjectTIME PERIODS
dc.subjectTIME SERIES
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRANSMISSION
dc.subjectUNDUE INFLUENCE
dc.subjectUSES
dc.subjectVALIDITY
dc.subjectVALUE ADDED
dc.subjectVARIABILITY
dc.subjectWEALTH
dc.subjectWEB
dc.titleStructural Change and Cross-Country Growth Empiricsen
dspace.entity.typePublication
okr.crossref.titleStructural Change and Cross-Country Growth Empirics
okr.date.disclosure2013-01-01
okr.date.doiregistration2025-04-10T12:11:34.114035Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2013/01/17196537/structural-change-cross-country-growth-empirics
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.guid591751468336714307
okr.identifier.doi10.1596/1813-9450-6335
okr.identifier.externaldocumentum000158349_20130123150733
okr.identifier.internaldocumentum17196537
okr.identifier.reportWPS6335
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/01/23/000158349_20130123150733/Rendered/PDF/wps6335.pdfen
okr.relation.associatedurlhttps://openknowledge.worldbank.org/handle/10986/21006
okr.topicInformation and Communication Technologies::ICT Policy and Strategies
okr.topicPrivate Sector Development::E-Business
okr.topicStatistical and Mathematical Sciences
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicEconomic Theory and Research
okr.topicScience and Technology Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
wps6335.pdf
Size:
1.3 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
wps6335.txt
Size:
190.02 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers