A unified theory of structural change
(2011)
Journal Article
Dolores Guilló, M., Papageorgiou, C., & Pérez-Sebastián, F. (2011). A unified theory of structural change. Journal of Economic Dynamics and Control, 35(9), 1393-1404. https://doi.org/10.1016/j.jedc.2011.05.004
This paper uses dynamic general equilibrium and computational methods, inspired by the multi-sector growth model structure in Stephen Turnovsky's work, to develop a theory that unifies two of the traditional explanations of structural change: sector-... Read More about A unified theory of structural change.