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The New Palgrave Dictionary of Economics pp 1–4Cite as

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Structural Change

Abstract

Structural change is defined as a change in the relative weight of significant components of the aggregative indicators of the economy, such as national product and expenditure, exports and imports, and population and the labour force. It is a complex phenomenon involving, for example, differential effects upon the happiness of the people in different strata, changes in the society’s value system and even impacts on international relations. However, we confine ourselves with the processes in which economic growth brings about the above structural change in various types and either directly or indirectly through organizational and institutional changes.

Keywords

  • Market Economy
  • Unskilled Labour
  • Economize Transaction Cost
  • Aggregative Indicator
  • Organizational Deficiency

These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman

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  1. http://link.springer.com/referencework/10.1007/978-1-349-95121-5

    Shigeru Ishikawa

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  1. Shigeru Ishikawa
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    Ishikawa, S. (1987). Structural Change. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_1775-1

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    • DOI: https://doi.org/10.1057/978-1-349-95121-5_1775-1

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    • Online ISBN: 978-1-349-95121-5

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    Chapter History

    1. Latest

      Structural Change
      Published:
      22 March 2017

      DOI: https://doi.org/10.1057/978-1-349-95121-5_1775-2

    2. Original

      Structural Change
      Published:
      22 November 2016

      DOI: https://doi.org/10.1057/978-1-349-95121-5_1775-1

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