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Titel |
Sectoral transitions - modeling the development from agrarian to service economies |
VerfasserIn |
Raphael Lutz, Michael Spies, Dominik E. Reusser, Jürgen P. Kropp, Diego Rybski |
Konferenz |
EGU General Assembly 2013
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Medientyp |
Artikel
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Sprache |
Englisch
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Digitales Dokument |
PDF |
Erschienen |
In: GRA - Volume 15 (2013) |
Datensatznummer |
250084557
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Zusammenfassung |
We consider the sectoral composition of a country’s GDP, i.e the partitioning into agrarian,
industrial, and service sectors. Exploring a simple system of differential equations we
characterise the transfer of GDP shares between the sectors in the course of economic
development. The model fits for the majority of countries providing 4 country-specific
parameters. Relating the agrarian with the industrial sector, a data collapse over all countries
and all years supports the applicability of our approach. Depending on the parameter ranges,
country development exhibits different transfer properties. Most countries follow 3 of 8
characteristic paths. The types are not random but show distinct geographic and development
patterns. |
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