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Structural Change and Productive Specialization

 
Structural change is understood as the long-run transformations in the composition of economic aggregates that represent modifications in the economic structure in terms of specialization and that, as a consequence, have an impact on growth. The study of structural change takes into account the differential effect of technical change, its relationship with the expansion of production and the distribution of income, and its links to the components of demand.

The group is organized along six research lines:

•    Theoretical review on structural change and development.
•    Review and construction of national and sectorial accounts. Information needs require us to work with databases and the review and estimation of macroeconomic series. 
•    Growth accounting exercises. We propose characterizations of the long-run performance of the economy that can provide an empirical framework for diverse approximations.
•    Returns to productive factors, income distribution and growth. In the relationship between growth and distribution, structural change is a protagonist and the Kuznets curve is its main expression. This hypothesis, as well as its derivations, is discussed.
•    Technological innovation and technical progress. Both processes constitute the principal motors of structural change and are studied in depth.
•    The study of domestic and external demand. The demand side is studied, focusing on consumption, investment and net exports, with the objective of complementing more orthodox approaches.

Members:
 
  Recent publications in the area
Date: 2014
This work seeks to identify causal effects of foreign ownership on productivity, the demand for skilled labour and wage inequality.
Date: 2013
In this work we show how trade policies, coupled with the pro-active industrial policies have allowed the growth of the automotive sector in Uruguay.
Date: 2013
In this work we show how trade policies, coupled with the pro-active industrial policies have allowed the growth of the automotive sector in Uruguay.
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