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A Framework to Study the Role of Structural Transformation in Productivity Growth and Regional Convergence

Author

Listed:
  • Fukao, Kyoji

    (Asian Development Bank Institute)

  • Paul, Saumik

    (Asian Development Bank Institute)

Abstract

We show that σ-convergence in regional productivity growth can be approximated by σ-convergence in sectoral productivity growth and σ-convergence in structural transformation-led productivity growth. Applying this framework to Japanese prefecture-level data from 1874 to 2008, we find support for substantial convergence effects of structural transformation in the post-WWII years.

Suggested Citation

  • Fukao, Kyoji & Paul, Saumik, 2018. "A Framework to Study the Role of Structural Transformation in Productivity Growth and Regional Convergence," ADBI Working Papers 833, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0833
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    More about this item

    Keywords

    structural transformation; labor productivity; regional convergence; Japan;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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