خط مشی دسترسیدرباره ماپشتیبانی آنلاین
ثبت نامثبت نام
راهنماراهنما
فارسی
ورودورود
صفحه اصلیصفحه اصلی
جستجوی مدارک
تمام متن
منابع دیجیتالی
رکورد قبلیرکورد بعدی
Document Type:Latin Dissertation
Language of Document:English
Record Number:53161
Doc. No:TL23115
Call number:‭3268332‬
Main Entry:Ahmed Moustafa
Title & Author:*Development, *growth and structural change in EgyptAhmed Moustafa
College:New School University
Date:2006
Degree:Ph.D.
student score:2006
Page No:250
Abstract:In essence, this research is set out to explain the structural changes that highlighted growth patterns of developing countries that receive considerable annual inflows of income transfers, such as oil revenue, foreign aid, workers remittances and other geopolitical rents. I will focus on the growth experience of Egypt, which is considered a perfect example of a developing economy that relies heavily on income transfers. In the mid 1970s, Egypt started receiving significant annual income transfers. Economic growth was accelerated and the economy underwent several structural changes that featured a rapid decline of the manufacturing sector and a rise of the services' sector, a phenomenon referred to as "deindustrialization." Explanations of deindustrialization, associated with massive inflows, have been locked into one line of analysis known as "Dutch Disease." Nonetheless, there are compelling evidence to warrant the rejection of Dutch Disease hypotheses in Egypt. Meanwhile, a thorough analysis of Egypt's growth experience over the last five decades reveals that such structural changes were intrinsic elements of an accelerated transformational growth, fueled by massive income transfers, and primarily due to the dynamic interaction of the following internal factors. First, the income elasticity of demand for manufactured goods is lower than that for services. Second, worsening income distribution equality magnified income elasticity of demand differentials leading to a shift in the composition of aggregate demand and consumption expenditure in favor of services. Third, demand and supply dynamics of the labor market increasingly favored services. Fourth, the reliance on imported capital-intensive labor-saving technology reduced the manufacturing sector's demand for labor. Meanwhile, it enabled the services' sector to grow at a much faster rate due to its higher ability to transfer and adapt to foreign technology. Finally, internal and external political economy factors provided an environment that is more conducive to the growth of the services' sector. Thereafter, while building on recent growth literature, a growth model that captures structural changes, while retaining a long-run balanced growth path, via both demand-side and supply-side factors is constructed. The model is tailored for developing economies with certain peculiar features characterizing production, labor market and household behavior.
Subject:Social sciences; Development; Egypt; Growth; Income distribution; Structural change; Economics; Economic theory; 0511:Economic theory; 0501:Economics
Added Entry:W. Semmler
Added Entry:New School University