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.
- 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
This is a preview of subscription content, access via your institution.
Chenery, H., and M. Syrquin. 1975. Patterns of development, 1957–1970. London: Oxford University Press.
Clark, C. 1940. The conditions of economic progress. New York: St Martin’s.
Epstein, T.S. 1962. Economic development and social change in South India. Manchester: Manchester University Press.
Feik, J.C.H., and G. Ranis. 1964. Development of the labor surplus economy: Theory and policy. Homewood: Richard D. Irwin.
Fisher, A.G.B. 1939. Primary, secondary and tertiary production. Economic Record 15: 24–38.
Geertz, C. 1963. Agricultural involution: The process of ecological change in Indonesia. Berkeley: University of California Press.
Gurley, J.G., and E.S. Shaw. 1967. Financial structure and economic development. Economic Development and Cultural Change 15: 257–268.
Hayami, Y., and M. Kikuchi. 1981. Asian village economy at the crossroads: An economic approach to institutional change. Tokyo: University Press of Tokyo.
Hayami, Y., and V.W. Ruttan. 1985. Agricultural development: An international perspective. Baltimore: Johns Hopkins University Press.
Hicks, J.R. 1969. A theory of economic history. Oxford: Clarendon Press.
Ishikawa, S. 1967. Economic development in Asian perspective. Tokyo: Kinokuniya Co.
Ishikawa, S. 1982. Essays on technology, employment and institutions in economic development: Comparative Asian experience. Tokyo: Kinokuniya Co.
Ishikawa, S. 1985. Sozialistische Wirtschaft und die Erfahrungen Chinas – Gedanken zur ökonomischen Reform. Journal für Entwicklungs Politik 3.
Kuznets, S.S. 1957–64. Population redistribution and economic growth: United States, 1870–1950, 3 vols. Philadelphia: American Philosophical Society.
Kuznets, S.S. 1971. Economic growth of nations: Total output and production structure. Cambridge, MA: Belknap Press of Harvard University Press.
Lewis, W.A. 1954. Economic development with unlimited supplies of labour. Manchester School of Economics and Social Studies 22: 139–191.
Marshall, A. 1920. Principles of economics, 8th ed. London: Macmillan.
McKinnon, R. 1973. Money and capital in economic development. Washington, DC: The Brookings Institution.
Myint, H. 1958. The ‘classical theory’ of international trade and the underdeveloped countries. Economic Journal 68: 317–337.
Myint, H. 1972. Southeast Asia’s economy: Development policies in the 1970s, A study sponsored by the Asian Development Bank. London: Penguin Books.
Myint, H. 1984. Comparative analysis of Taiwan’s economic development with other countries. Academic Economic Papers (Academic Sinica, Taiwan), March.
Ohkawa, K., and H. Rosovsky. 1973. Japanese economic growth. Trend acceleration in the twentieth century. Stanford: Stanford University Press.
Sen, A. 1975. Employment, technology and development. Oxford: Clarendon Press.
Shinohara, M. 1962. Growth and cycles in the Japanese economy. Tokyo: Kinokuniya Co.
Strout, A.M. 1975. Agricultural involution and the green revolution on Java. Agro-Economic Survey, Research Note No. 01/75/Rn.mim.
Todaro, M.P. 1969. A model of labor migration and urban unemployment in less developed countries. American Economic Review 59(1): 138–148.
Vernon, R. 1966. International investment and international trade in the product cycle. Quarterly Journal of Economics 80: 190–207.
Watkins, M. 1963. A staple theory of economic growth. Canadian Journal of Economics and Political Science 29(2): 141–158.
Editors and Affiliations
© 1987 The Author(s)
About this entry
Cite this entry
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
Publisher Name: Palgrave Macmillan, London
Online ISBN: 978-1-349-95121-5
eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social Sciences