This paper focuses on the real exchange rate and the sectoral shares. In Argentina, real exchange rate appreciations are caused by productivity improvements in the primary and manufacturing sectors, while real depreciations ...

Defining deindustrialization as a situation of falling share of manufacturing employment and value added in total employment and GDP, respectively, and a rising specialization in primary goods, this paper provides an ...

While it is possible for economies to grow based on abundant land or natural resources, more often structural change—the shift of resources from low-productivity to high-productivity sectors—is the key driver of economic ...