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Cambridge Journal of Economics Advance Access originally published online on February 25, 2008
Cambridge Journal of Economics 2009 33(3):421-432; doi:10.1093/cje/ben001
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Right arrow C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data
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© The Author 2008. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved.

This article appears in the following Cambridge Journal of Economics issue: Special focus: The intellectual legacy of Brian Reddaway [View the issue table of contents]

Growth and changes in economic structure: a straightforward statistical approach with an application to the Italian economy

Giuliana Campanelli Andreopoulos*

* William Paterson University

Address for correspondence: William Paterson University, Department of Economics, Finance and Global Business, 1600 Valley Road, Wayne, NJ 07474, USA; email: andreopoulosg{at}wpunj.edu

The paper presented here, part of my PhD dissertation written under Professor Brian Reddaway's guidance, is offered as an example of his approach to applied economics as well as a tribute to his legacy. The scope of this paper is to suggest an operational approach to the analysis of growth, an approach that allows us to grasp immediately the most important changes that might occur in the structure of an economy. This procedure is applied to the Italian economy over the period of its most rapid growth (1960–79) to see whether some of the most important results established in the literature on modern economic growth are confirmed.

Key Words: Unbalanced growth • Structural changes • Italian economic growth

JEL classifications: C82, O11, N14

Manuscript received February 2, 2007; final version received December 7, 2007.


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