Sources of economic growth and structural change

作者: Juh-Luh Sun , Chin-Lih Wang , Tein-Chen Chou

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摘要: Abstract In this paper we have developed a revised approach to analyze the sources of economic growth and structural change under an interindustry framework, with key features obtaining cross-terms separated from combined source effects, which are derived Paasche as well Laspeyres approach. comparison approaches based on specific parameters variables chosen, it is shown that some terms in Chenery Lewis-Soligo biased. Mainly because they absorb their own related cross-terms. these play relatively important role explaining industrialization process, both theoretically empirically, should be presented independently. Furthermore, solves confusing problem selecting periods reference. addition, also distinguishes relationship difference between effects change.

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