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Replication data for: Sectoral Technology and Structural Transformation

Version
V0
Resource Type
Dataset
Creator
  • Herrendorf, Berthold
  • Herrington, Christopher
  • Valentinyi, Ákos
Publication Date
2014-12-31
Description
  • Abstract

    We assess how the properties of technology affect structural transformation, i.e., the reallocation of production factors across the broad sectors of agriculture, manufacturing, and services. To this end, we estimate sectoral constant elasticity of substitution (CES) and Cobb-Douglas production functions on postwar US data. We find that differences in technical progress across the three sectors are the dominant force behind structural transformation whereas other differences across sectoral technology are of second order importance. Our findings imply that Cobb-Douglas sectoral production functions that differ only in technical progress capture the main technological forces behind the postwar US structural transformation. (JEL E16, E25, O33, O47)
Availability
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Relations
  • Is supplemented by
    DOI: 10.1257/mac.20130041 (Text)
Publications
  • Herrendorf, Berthold, Christopher Herrington, and Ákos Valentinyi. “Sectoral Technology and Structural Transformation.” American Economic Journal: Macroeconomics 7, no. 4 (October 2015): 104–33. https://doi.org/10.1257/mac.20130041.
    • ID: 10.1257/mac.20130041 (DOI)

Update Metadata: 2019-10-13 | Issue Number: 1 | Registration Date: 2019-10-13

Herrendorf, Berthold; Herrington, Christopher; Valentinyi, Ákos (2014): Replication data for: Sectoral Technology and Structural Transformation. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. http://doi.org/10.3886/E114062