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"Structural Change and Economic Growth"(in Japanese)

Author

Listed:
  • Hiroshi Yoshikawa

    (Faculty of Economics, University of Tokyo)

  • Kazuyuki Matsumoto

    (Research Institute of Capital Formation, Development Bank of Japan)

Abstract

This paper studies the empirical relationship between structural change and economic growth. Using long-term SNA data, by industry, we find a significantly positive relation between structural change and the growth rate for Japan and (West)Germany. Although such a relationship is not present for the United States in the post-war period, it can be found for the nineteenth and early twentieth century. We offer a brief discussion to explain such positive relationship between structural change and economic growth.

Suggested Citation

  • Hiroshi Yoshikawa & Kazuyuki Matsumoto, 2000. ""Structural Change and Economic Growth"(in Japanese)," CIRJE J-Series CIRJE-J-37, CIRJE, Faculty of Economics, University of Tokyo.
    • Handle: RePEc:tky:jseres:2000cj37
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    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2000/2000cj37.pdf
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