Empirical Analysis of the Interconnection between Structural Changes and Labour Productivity Cover Image

Емпиричен анализ на взаимовръзката между структурни промени и производителност на труда
Empirical Analysis of the Interconnection between Structural Changes and Labour Productivity

Author(s): Rossitsa Rangelova
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: C4; O4; O47; O5

Summary/Abstract: The paper discusses the change of the influence of certain branches and branch changes on the economic growth, particularly the labor productivity observed in the last few decades. As a result the processing industry is replaced by the service sector, which gradually becomes dominating since 1970s. For this purpose it is proved with the results of a long-lasting work of the Groningen Growth and Development Centre (The Netherlands) concerning countries from European Union and USA in the second half of 20th century – mainly in 1980s and 1990s and until the middle of the first decade of 21st century. The achieved results give reasons for a change of the existing stylized facts formulated by N. Kaldor (1967), S. Kuznets (1971) and A. Maddison (1980).

  • Issue Year: 2013
  • Issue No: 1
  • Page Range: 3-40
  • Page Count: 38
  • Language: Bulgarian