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Urbanization, Growth and Structural Change

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  • Michael Peters

    (Yale University)

  • Fabian Eckert

Abstract

The process of economic growth has many non-balanced features. Of particular importance are employment changes across sectors of production and population changes across space. This paper makes two contributions. First of all, we systematically document these patterns across many countries of the world using detailed micro data. Secondly, we explore wether a parsimoniously parametrized model of trade and geography featuring demand non-homotheticities can explain the comovement between workers moving out of agricultural production and across space.

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  • Michael Peters & Fabian Eckert, 2016. "Urbanization, Growth and Structural Change," 2016 Meeting Papers 774, Society for Economic Dynamics.
  • Handle: RePEc:red:sed016:774
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    File URL: https://economicdynamics.org/meetpapers/2016/paper_774.pdf
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    References listed on IDEAS

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    1. Piyabha Kongsamut & Sergio Rebelo & Danyang Xie, 2001. "Beyond Balanced Growth," Review of Economic Studies, Oxford University Press, vol. 68(4), pages 869-882.
    2. David H. Autor & David Dorn & Gordon H. Hanson, 2013. "The Geography of Trade and Technology Shocks in the United States," American Economic Review, American Economic Association, vol. 103(3), pages 220-225, May.
    3. Treb Allen & Costas Arkolakis, 2014. "Trade and the Topography of the Spatial Economy," The Quarterly Journal of Economics, Oxford University Press, vol. 129(3), pages 1085-1140.
    4. Herrendorf, Berthold & Rogerson, Richard & Valentinyi, Ákos, 2014. "Growth and Structural Transformation," Handbook of Economic Growth,in: Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 855-941 Elsevier.
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