Economic Development and Structural Transformation

  • Schlogl L
  • Sumner A
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Abstract

Technological change affects the sectoral composition of an economy. But, (why) do economic sectors matter? We revisit three schools of theory on economic development: the “classical,” the neo-Schumpeterian and the neoclassical school. While the latter...

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Schlogl, L., & Sumner, A. (2020). Economic Development and Structural Transformation. In Disrupted Development and the Future of Inequality in the Age of Automation (pp. 11–20). Springer International Publishing. https://doi.org/10.1007/978-3-030-30131-6_2

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