This informative research review discusses the most prominent papers within the economics of structural change and growth. This piece focuses on research that investigates the causes and consequences of structural change with either theoretical or calibrated models, mindfully referring to some of the most celebrated literature over the last two decades. The research review analyses literature covering the impact structural change has on an array of economic factors including convergence, per capita income and spatial development. Prefaced by an original introduction from the editors, this collection would be well suited to scholars and macro-development economists wishing to extend their knowledge of this compelling topic.
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Edited by Kei-Mu Yi, Anderson Professor of Economics, The University of Houston, Houston, Texas, Michael Sposi, Assistant Professor of Economics, Southern Methodist University, Dallas, Texas and Jing Zhang, Senior Economist and Research Advisor, Research Department, Federal Reserve Bank of Chicago, Chicago, Illinois, US
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