Advertisement

Sources of Economic Growth and Structural Change: An International Comparison

  • Shujiro Urata
Part of the International Economic Association Series book series (IEA)

Abstract

Economic development and structural change result from the interaction of supply and demand factors. Supply factors include the accumulation and efficient use of factors of production such as labour and capital, whereas demand factors include changes in patterns of intermediate and final demand. Although economists realise the need for a simultaneous examination of both supply and demand factors in understanding the mechanisms of development and structural change, no studies have dealt with this issue satisfactorily. Instead, economists have tended to examine either supply or demand factors in isolation. In this paper we will follow the conventional approach, and analyse the effect of demand factors on economic growth and structural change.1

Keywords

Total Factor Productivity Foreign Trade Output Growth Trade Strategy Import Substitution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Ahluwalia, I. J. (1985) ‘Economic Growth and Structural Change in the Indian Economy 1959–60 to 1973–74’, mimeo, the World Bank.Google Scholar
  2. Central Intelligence Agency (1982) USSR: Measures of Economic Growth and Development, 1950–80, prepared for the use of the Joint Economic Committee, Congress of the United States, (Washington DC: US Government Printing Office).Google Scholar
  3. Chenery, H.B. (1960) ‘Patterns of Industrial Growth’, American Economic Review, vol. 50, pp. 624–54.Google Scholar
  4. Chenery, H.B. (1979) Structural Change and Development Policy (New York: Oxford University Press).Google Scholar
  5. Chenery, H.B., Robinson, S. and Syrquin, M. (1986) Industrialization and Growth (New York: Oxford University Press).Google Scholar
  6. Chenery, H.B., Shishido, S. and Watanabe, T. (1962) ‘The Pattern of Japanese Growth, 1914–1954’, Econometrica, vol. 30, pp. 98–139.CrossRefGoogle Scholar
  7. Chenery, H.B. and Syrquin, M. (1975) Patterns of Development, 1950–1970, (published for the World Bank by Oxford University Press).Google Scholar
  8. Chenery, H.B. and Syrquin, M. (1980) ‘A Comparative Analysis of Industrial Growth’, in R.C.O. Matthews (ed.) Economic Growth and Resources, vol. 2, Trends and Factors., IEA (London: Macmillan; New York: St Martins Press).Google Scholar
  9. Dervis, K., Melo, J. de and Robinson, S. (1982) General Equilibrium Models for Development Policy (Cambridge: Cambridge University Press).Google Scholar
  10. Denison, E.F. (1974) Accounting for United States Economic Growth1929–1969 (Washington, DC: The Brooking Institution).Google Scholar
  11. Deutsch, J. and Syrquin, M. (1986), ‘Economic Development and the Structure of Production’, mimeo, Bar-Ilan University, Israel.Google Scholar
  12. Goldar, B. (1986) ‘Import Substitution, Industrial Concentration and Productivity Growth in Indian Manufacturing’, Oxford Bulletin of Economics and Statistics, vol. 48, no.2, pp. 143–64.CrossRefGoogle Scholar
  13. Kubo, Y. and Robinson, S. (1984) ‘Sources of Industrial Growth and Structural Change: a Comparative Analysis of Eight Economies’, in Proceedings of the Seventh International Conference on Input-Output Techniques (New York: United Nations).Google Scholar
  14. Kubo, Y., Robinson, S. and Urata, S. (1986) ‘The Impact of Alternative Development Strategies: Simulations with a Dynamic Input-Output Model’, Journal of Policy Modeling, vol. 8, no. 4, pp. 503–29.CrossRefGoogle Scholar
  15. Nishimizu, M. and Robinson, S. (1984) ‘Trade Policies and Productivity Change in Semi-Industrialized Countries’, Journal of Development Development Economics vol. 16, pp. 177–206.CrossRefGoogle Scholar
  16. Urata, S. (1987) ‘Sources of Economic Growth and Structural Change in China: 1956–81’ Journal of Comparative Economics, vol. 11, no. 1, pp. 96–115.CrossRefGoogle Scholar
  17. Urata, S. (1988) ‘Sources of Economic Growth and Structural Change in the Soviet Union’ in Ciaschini, M. (ed) Input-Output Analysis: Current Developments (London: Chapman and Hall).Google Scholar

Copyright information

© International Economic Association 1989

Authors and Affiliations

  • Shujiro Urata
    • 1
    • 2
  1. 1.Waseda UniversityTokyoJapan
  2. 2.World BankUSA

Personalised recommendations