Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the degree that a country's industrial structure optimally reflects its factor endowment fundamentals. The paper found that at least for the overall capital, the shares of capital intensive industries were significantly bigger with higher initial capital endowment and faster capital accumulation. Moreover, there is a positive relationship between a country's aggregate output growth and the degree of structural coherence. Quantitatively, the structural coherence with respect to the overall capital explains about 30% of the growth differential among sample countries.

Business & Economics --- Economic Theory --- Factor proportions --- Economic development. --- Econometric models. --- Development, Economic --- Economic growth --- Growth, Economic --- Factor endowments --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Comparative advantage (International trade) --- Natural resources --- Economic development --- Capital --- Econometric models --- E-books --- Capital assets --- Fixed assets --- Capitalism --- Infrastructure (Economics) --- Wealth --- Labor --- Public Finance --- Production and Operations Management --- Economic Development, Innovation, Technological Change, and Growth --- Employment --- Unemployment --- Wages --- Intergenerational Income Distribution --- Aggregate Human Capital --- Aggregate Labor Productivity --- Taxation, Subsidies, and Revenue: General --- Human Capital --- Skills --- Occupational Choice --- Labor Productivity --- Production --- Cost --- Capital and Total Factor Productivity --- Capacity --- Macroeconomics --- Labour --- income economics --- Public finance & taxation --- Capital productivity --- Information technology in revenue administration --- Human capital --- Total factor productivity --- Revenue administration --- Revenue --- Economic theory --- Industrial productivity --- United States --- Income economics