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Autoren: 
Dietrich, Andreas
Krüger, Jens J.
Datum: 
2008
Schriftenreihe/Nr.: 
Jena Economic Research Papers No. 2008,013
Zusammenfassung: 
In economic development, long-run structural change among the three main sectors of an economy follows a typical pattern with the primary sector (agriculture, mining) first dominating, followed by the secondary sector (manufacturing) and finally by the tertiary sector (services) in terms of employment and value added. We reconsider the verbal theoretical work of Fourastié and build a simple model encompassing its main features, most notably the macroeconomic influences on the sectoral development. Estimation and analysis with German data for the period 1850-2001 show that this model is quite capable to replicate the empirical facts.
Schlagwörter: 
structural change
industrialization
tertiarization
JEL: 
L16
O14
O41
Dokumentart: 
Working Paper

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