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De-industrialisation: Rowthorn and Wells' Model revisited

  • University College London
  • University of Bath

Research output: Contribution to journalArticlepeer-review

Abstract

This paper presents a simple three-sector model that seeks to establish links between structural change in employment and the level of economic development. The model is a modified version of that of Rowthorn - Wells (1987). The theoretical analysis is supplemented with simple econometric tests which illustrate how the modified Rowthorn - Wells model can be used (i) to motivate empirical estimates of the link between the level of development and structures of employment, and (ii) to illustrate structural distortions under command economies.
Original languageEnglish
Pages (from-to)143-166
Number of pages24
JournalActa Oeconomica
Volume56
Issue number2
DOIs
Publication statusPublished - Jun 2006

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • transition
  • command economy
  • communism
  • de-industrialisation
  • employment structure

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