Measuring structural change: The case of China, Malaysia, and Ghana

We extend the methods developed by Hausmann and Klinger (2006) to measure and compare the dynamics of a country’s structural transformation and apply the methods to China, Malaysia, and Ghana over the period 1962–2000. The results show that the rate of structural transformation is proportionately hi...

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Main Authors: Badibanga, Thaddée, Diao, Xinshen, Roe, Terry, Somwaru, Agapi
Format: Journal Article
Language:Inglés
Published: Project MUSE 2013
Subjects:
Online Access:https://hdl.handle.net/10568/152709
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author Badibanga, Thaddée
Diao, Xinshen
Roe, Terry
Somwaru, Agapi
author_browse Badibanga, Thaddée
Diao, Xinshen
Roe, Terry
Somwaru, Agapi
author_facet Badibanga, Thaddée
Diao, Xinshen
Roe, Terry
Somwaru, Agapi
author_sort Badibanga, Thaddée
collection Repository of Agricultural Research Outputs (CGSpace)
description We extend the methods developed by Hausmann and Klinger (2006) to measure and compare the dynamics of a country’s structural transformation and apply the methods to China, Malaysia, and Ghana over the period 1962–2000. The results show that the rate of structural transformation is proportionately higher when a country produces more compact clusters of capital and consumer durable goods which in turn appear to lead more rapidly into new varieties of goods of higher unit values. We find that China’s transformation is the result of increasing proximity of her production/export basket to capital goods and consumer durables and the increasing values of new products in these two clusters. Malaysia’s product space in 1962 contained fewer of the world’s cluster of industrial goods than did China’s. The country nevertheless achieved a more rapid pace of transformation in the late 1980s which reduced her structural gap with China. The structure of the Ghanaian economy, however, is stagnant over time, and the country’s production profile is dominated by primary goods of low value.
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spelling CGSpace1527092024-11-15T08:52:53Z Measuring structural change: The case of China, Malaysia, and Ghana Badibanga, Thaddée Diao, Xinshen Roe, Terry Somwaru, Agapi structural adjustment technological changes discovery We extend the methods developed by Hausmann and Klinger (2006) to measure and compare the dynamics of a country’s structural transformation and apply the methods to China, Malaysia, and Ghana over the period 1962–2000. The results show that the rate of structural transformation is proportionately higher when a country produces more compact clusters of capital and consumer durable goods which in turn appear to lead more rapidly into new varieties of goods of higher unit values. We find that China’s transformation is the result of increasing proximity of her production/export basket to capital goods and consumer durables and the increasing values of new products in these two clusters. Malaysia’s product space in 1962 contained fewer of the world’s cluster of industrial goods than did China’s. The country nevertheless achieved a more rapid pace of transformation in the late 1980s which reduced her structural gap with China. The structure of the Ghanaian economy, however, is stagnant over time, and the country’s production profile is dominated by primary goods of low value. 2013-03 2024-10-01T13:55:07Z 2024-10-01T13:55:07Z Journal Article https://hdl.handle.net/10568/152709 en Limited Access Project MUSE Badibanga, Thaddée; Diao, Xinshen; Roe, Terry; Somwaru, Agapi 2013. Measuring structural change: The case of China, Malaysia, and Ghana. The Journal of Developing Areas 47(1): 373-393
spellingShingle structural adjustment
technological changes
discovery
Badibanga, Thaddée
Diao, Xinshen
Roe, Terry
Somwaru, Agapi
Measuring structural change: The case of China, Malaysia, and Ghana
title Measuring structural change: The case of China, Malaysia, and Ghana
title_full Measuring structural change: The case of China, Malaysia, and Ghana
title_fullStr Measuring structural change: The case of China, Malaysia, and Ghana
title_full_unstemmed Measuring structural change: The case of China, Malaysia, and Ghana
title_short Measuring structural change: The case of China, Malaysia, and Ghana
title_sort measuring structural change the case of china malaysia and ghana
topic structural adjustment
technological changes
discovery
url https://hdl.handle.net/10568/152709
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