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Stages of diversification

Article Abstract:

An analysis of the evolution of sectoral concentration in relation to the level of per capita income and in the light of trade theories that predict a monotonic relationship between income and diversification is presented. It is observed that various measures of sectoral concentrations follow a U-shaped pattern across a wide variety of data sources. That is, countries first diversify, in the sense that economic activity is spread more equally across sectors but at later point of time they start specializing again.

Author: Imbs, Jean, Wacziarg, Roman
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
Science & research, Research, Economic aspects, Countries

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Getting the 21st-century GDP right: what's underway?

Article Abstract:

The efforts made by the Bureau of Economic Analysis in improving the measurement of national income are examined in detail.

Author: Moulton, Brent R.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2000
Management, United States. Bureau of Economic Analysis

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Economic measurement: progress and challenges

Article Abstract:

Issues related to the measurement of national income, such as demography and technological change, are examined in detail.

Author: Boskin, Michael J.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2000

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Subjects list: United States, National income, Measurement, Accounting and auditing, Gross domestic product
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