Structural change and economic dynamics Research Papers (original) (raw)

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- Applied Economics, Structural change and economic dynamics

This paper explores the relation between countries’ pattern of trade specialization and long-term economic growth. It shows that countries specializing in the export of natural resource based products only fail to grow if they do not succeed in diversifying their economies and export structure. This conclusion follows from an empirical investigation that has three innovative features. First, it uses a

- by fabio fiorillo
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- Economics, Coevolution, Applied Economics, Structural change and economic dynamics

After the hegemony of neoliberalism and the application of the Washington Consensus recommendations, actively supported by International Monetary Fund and the World Bank during the 1980s, 1990s, and early 2000s, Latin America experienced strong political changes that led to a period of sustained growth (annual growth rates above 4% from 2003
to 2013). In that context, one of the most significant characteristics was the outstanding performance of the manufacturing sector. However, it should be noted that industrial development in Latin American countries differs significantly among countries, and it is highly concentrated on the performance of the three most important economies of the region,
Argentina, Brazil, and Mexico, which on average from 1960 to the present have generated 75% of the manufacturing value added. The aim of the book is to analyze the recent performance of the manufacturing sector in Argentina, Brazil, and Mexico, in order to account for the true possibilities of achieving economic development based on industrialization. In order to do this, we analyze the historical evolution of the industrial sector of Argentina, Brazil, and Mexico since the import substitution industrialization stage, the economic impacts of the process of deindustrialization in the last quarter of the twentieth century during the rise of neoliberal policies, as well as the main transformations registered during the first decades of the twenty-first century when a reindustrialization process was registered. Also, the book studies the existence (or lack) of structural change in the economy, its level of technological development, economic concentration and evolution of income distribution, as well as the degree of external dependence and international integration that the different industrial sectors of the countries have.

Conventionally, the economic growth of a country is appraised in form of gross domestic product (GDP). In Bihar, the per capita net state domestic product (NSDP) is the lowest among the major states in Inida, and it is only one-third of the national level of per capita GDP. The services, industry, and agricultural sectors contributed 52 per cent, 28 per cent, and 20 per cent to India’s overall GDP respectively, in 2006. However, the contribution of these major sectors to GDP at state level is not uniform. For Bihar at state level, the share of primary sector is continuously decreasing over the stated time period. For the
secondary sector, the share had decreased after bifurcation of Bihar, however, that share increased a little bit in 2009-2010. And similar to the India average, the share for Tertiary sector is continuously increasing at 60% of NDDP. The dictrics like Patna, Begusarai, Munger and Bhagalpur which are higher per capita NDDP, are very less share in primary sector. The most important part here is the very low share of industrial sector. However, the share of industrial sector has started increased during the period 2005-2010. Structure of Bihar’s economy is changing not only at state level, but at district level also. And these changes need to be more casious planning and good initiatives from Govt. And the change is already in its way.

- by KEMAL HEDANO
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- Structural change and economic dynamics, Digital Economy, United States, New Economy
- by Cimpoies Dragos and +1
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- Land and Property Development, Land management, Land tenure, Agricultural Economics
- by Catherine Marro
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- Anatolian Archaeology, Georgia, Azerbaijan, Armenia
- by Amitava Dutt
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- Applied Economics, Structural change and economic dynamics

Coevolution in economic systems plays a key role in the
dynamics of contemporary societies. Coevolution operates when,
considering several evolving realms within a socioeconomic system,
these realms mutually shape their respective innovation, replication
and/or selection processes. The processes that emerge from
coevolution should be analyzed as being globally codetermined in
dynamic terms. The notion of coevolution appears in the literature on
modern innovation economics since the neo-Schumpeterian inception
four decades ago. In this Element, these antecedents are drawn on to
formally clarify and develop how the coevolution notion can expand
the analytical and methodological scope of evolutionary economics,
allowing for further unification and advance of evolutionary subfields.

- by Marife Bacate and +1
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- Development Economics, Economic Development, Papua New Guinea, Applied Economics

It has been 25 years since the beginning of the economic transformation in Poland and other countries of Central
and Eastern Europe, associated with the change of the centrally controlled system over economy towards an economy based on market rules. Those changes, taking place in the conditions of globalisation of the world economy and European integration, and in recent years also the global recession, affect previously developed socio-economic structures, including the structures of industry. The aim of the article is to present changes in the role of industry in the economy of Poland, transformation of the ownership, branch and spatial structure of the industry of Poland and its diversification in regional and supra-regional systems as well as to attempt to answer the question of how the processes of industrial restructuring, undertaken during the years of economic transformation, contributed to its adaptation to the conditions of the market economy and improvement
of its competitive position in global and European levels, including the possibility of integration into the global
industrial networks.

- by Tomasz Rachwał
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- European Studies, Economics, Development Economics, Economic Geography
- by Daniel Díaz-Fuentes
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- Latin American Studies, Development Economics, Argentina, Brazil

This article Demand Money to Colombia is estimated between 1995 and 2013, contrasting a log-linear model and a methodology for Ordinary Least Squares (OLS), based on the specifications put by Greene (2002), in order to establish which model best suited to assess such relationship. The first estimates were made by applying hypothesis tests resulted in the optimal model is logarithmic. Then it was determined that the monetary aggregate that is best suited to estimate the demand for money in Colombia is the Monetary Base, using as explanatory variables Gross, The Consumer Price Index and the Real Interest Rate Domestic Product. It is also able to complete the proof of Dickey-Fuller (1979) that a long-term stable relationship between money supply and money demand in the model, as long as M2 is used as the dependent variable. And finally in the application of the Chow test that there is instability in the behavior of the function of Money Demand in late 2000.

- by Ana Maria Parra Amaya
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- Colombia, Demand for Money, Money, Structural change and economic dynamics

O objetivo deste artigo é reconsiderar o papel do sistema mercantilista como uma causa determinante para a ascensão do Império Britânico à hegemonia. Eu defino o sistema mercantilista como um conjunto de capacidades sociotécnicas nos setores de transporte e armamentos. Na primeira parte, mostro como a disputa britânica pela hegemonia foi desde seu início baseada nas suas capacidades de organizar e assegurar um sistema internacional de comércio em grande escala. Na parte dois, esse sistema mercantilista, vemos como a construção ferroviária respondia perfeitamente a interesses britânicos industriais e de serviços. Entretanto, sua difusão também foi o ponto de partida para países como os Estados Unidos e a Alemanha organizarem economias nacionais em escalas maiores do que seria possível em um mundo onde o transporte marítimo era a única tecnologia para o transporte eficiente em grande escala. Na parte três, essas novas escalas organizacionais juntam-se às inovações militares do período, que explicam a retomada da colonização do fim do século. Enquanto o sistema mercantilista britânico nunca perdeu seu caráter hegemônico nos mares, o declínio relativo da hegemonia do Império Britânico resulta de uma mudança na natureza dos espaços onde se dava a concorrência economia e a rivalidade política, das economias marítimas para as terrestres. Palavras-chave: Mercantilismo, Império Britânico, Hegemonia Britânica, Ferrovias, Guerra Introdução O interesse acadêmico pelo estudo do mercantilismo cresceu consideravelmente nos últimos anos. As contribuições de Steve Pincus, 1 Lars Magnusson, 2 Philip Stern e Carl Wennerlind 3 recolocaram as polêmicas da definição, temporalidade e validade do conceito de mercantilismo. Os autores concordam que ele não foi uma doutrina coesa. Segundo eles, o que se convencionou entender como " mercantilismo " foi na verdade um conjunto diverso de discursos e práticas que não conseguimos de fato entender sem analisarmos cada caso à luz do seu contexto histórico. Meu argumento segue as principais contribuições do debate historiográfico contemporâneo sobre o mercantilismo, dando grande ênfase ao contexto das ideias e práticas a ele associadas. Na medida em que os autores mercantilistas eram também homens práticos envolvidos com o objeto sobre o qual escreviam, como líderes de negócios ou oficiais de governo, o pensamento desenvolvido por eles era inevitavelmente atrelado às funções que eles exerciam. 4 Logo, quaisquer argumentos quanto à ascensão ou queda das ideias ou práticas mercantilistas devem também lidar com o problema da ascensão ou queda em importância do tipo de atividade e ambiente que em primeiro lugar habilitaram aqueles discursos.

- by John Foster
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- Thermodynamics, Evolutionary Economics, Political Economy, Population ecology
- by Darwin Arenas
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- Economics, Population Biology, Biology, Applied Economics

En este trabajo se analiza hasta qué punto la gran expansión de las exportaciones argentinas a partir del año 2003 obedeció solo a condiciones externas favorables y cuál fue el comportamiento de las manufacturas industriales. Se observa que el patrón de especialización internacional no sufrió grandes modificaciones a nivel de los grandes rubros, pero tanto los productos primarios como las manufacturas de origen agropecuario, que explican gran parte del superávit comercial, muestran modificaciones significativas en su composición. Asimismo, se produjo una consolidación del comercio regional y un desplazamiento en favor de China de socios tradicionales como la Unión Europea y los Estados Unidos de América. Las manufacturas industriales mantienen una marcada desventaja comparativa, pero también un incipiente desarrollo competitivo en algunos sectores de elevado contenido tecnológico, como maquinaria agrícola y bombas y compresores, así como una pronunciada competitividad ya adquirida en tubos sin costura para petróleo y gas.

- by Federico Dulcich
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- Economics, Development Economics, Development Studies, International Trade

The shifting dimensions of spatial inequality provide an insight into the profound structural changes that have taken place within Australian cities since the 1970s. The growing divide between rich and poor suburbs has become a matter of increasing concern given that Australia is seen as the ‘lucky country’ and affords its citizens ‘a fair go’ when it comes to access to social and economic opportunity (AMP, 2008; Bankwest Curtin Economics Centre, 2014; Hunter & Gregory, 1996). If Australia is the ‘lucky country’, then Western Australia (WA) could arguably be described as the luckiest state within Australia. That is to say, WA managed to navigate through the 2008 Global Financial Crisis (GFC) relatively unscathed. This was largely due to the resources boom that took off in the mid-2000s and price deflation in the wake of the GFC (see Martinus, 2014). Following on from the analysis of FACTBases 5 and 16 (Tonts, 2010a, 2010b), this FACTBase explores spatial income inequality across Perth in the years leading up to and following the GFC.

- by Lionello F R A N C O Punzo and +1
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- Economic History, Applied Economics, Structural change and economic dynamics, State Space

This paper investigates how countries become specialised in exporting specific producer services, particularly financial, communication and business services. We find that a country&#x27;s ability to develop a competitive service economy depends on the structure of its manufacturing sector as some manufacturing industries are more intensive users of these services. Moreover, we find a virtuous cycle as the same service producers

- by Antonio Santamaria
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- Finance, Economic History, Latin American Studies, Great Depression
- by Michael Landesmann and +1
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- Applied Economics, Structural change and economic dynamics, Structural Change
- by Imaduddin Ahmed
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- Business, Applied Economics, Structural change and economic dynamics

This paper explores patterns of transformation of socialist Science and Technology (S&T) systems into post-socialist systems of innovation and their determinants. First, we reinterpret the socialist period from a system of innovation perspective by revisiting the socialist S&T system, and by pointing to its general features as well as to its national and sectoral variations. Second, we develop a conceptual model to help to understand the factors that are determining the emergence of systems of innovation. Systems of innovation in central and eastern Europe (CEE) are being shaped through the interaction of micro-specific, sectoral, national and regional determinants. At present, sectoral differences and micro-specific determinants seem to be the strongest in this process. The process of development and selection of network organisers is at the core of the emergence of systems of innovation in CEE. The most active network organisers are foreign firms. New production and innovation networks, especially in central Europe, are most often foreign-led.

- by Engelbert Stockhammer
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- Income Distribution, Applied Economics, DISTRIBUTION, Keynesian Economics
- by Yanping Yi
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- Structural change and economic dynamics, Unit Root Test