Abstract
The dynamics of modern economic systems since the Industrial Revolution show that permanent changes in the absolute levels of some basic magnitudes (such as gross national product, total consumption, total investments, total employment, etc.) are inherently associated with changes in their composition; that is, with structural change.
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Pasinetti, L.L., Scazzieri, R. (2018). Structural Economic Dynamics. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1736
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DOI: https://doi.org/10.1057/978-1-349-95189-5_1736
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