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 language | English |
|---|---|
| Pages (from-to) | 143-166 |
| Number of pages | 24 |
| Journal | Acta Oeconomica |
| Volume | 56 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - Jun 2006 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Keywords
- transition
- command economy
- communism
- de-industrialisation
- employment structure
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