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Catching Up, Structural Transformation, and Inequality: Lessons from Asia

dc.contributor.authorBruno Martorano
dc.contributor.authorDonghyun Park
dc.contributor.authorMarco Sanfilippo
dc.date.accessioned2018-11-25T18:25:51Z
dc.date.available2018-11-25T18:25:51Z
dc.date.issued2016-06-30
dc.identifier.issn2313-6537 (Print)
dc.identifier.issn2313-6545 (e-ISSN)
dc.identifier.urihttp://hdl.handle.net/11540/8820
dc.description.abstractWhile structural transformation, driven by technological progress, productivity growth, and capital deepening, has contributed to Asia’s sustained rapid growth, its effect on income inequality is uncertain. The central objective of our paper is to empirically examine the effect of structural change on wage inequality in Asia, using industry-level data for three skill groups of workers. Our evidence indicates that structural change, pushed by productivity catch-up with advanced economies, capital deepness, and the shift of the economic structures to more skill-intensive industries, has exacerbated inequality in the region. However, we also find that policy responses, especially investment in education matching the higher demand for skills and competitive exchange rates, can mitigate the increase in inequality.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleCatching Up, Structural Transformation, and Inequality: Lessons from Asia
dc.typeWorking Papers
dc.subject.expertGlobal Development Learning Network
dc.subject.expertGlobalization And Development
dc.subject.expertInternational Development Strategy
dc.subject.expertPolicy Development
dc.subject.expertHuman Capital Development
dc.subject.expertHuman Development
dc.subject.expertHuman Resources Development
dc.subject.expertSkills Development
dc.subject.expertManagement Development
dc.subject.expertVocational Education
dc.subject.adbCurriculum development
dc.subject.adbEducational aid
dc.subject.adbEconomic development
dc.subject.adbIndustrial projects
dc.subject.adbCareer development
dc.subject.adbVocational education
dc.subject.adbIndustrialization
dc.subject.adbVocational training
dc.subject.adbTechnological institutes
dc.subject.adbJob searching
dc.subject.adbLabor market
dc.subject.adbWork experience programs
dc.subject.naturalBusiness planning
dc.subject.naturalHuman rights and globalization
dc.subject.naturalOccupational training
dc.subject.naturalTechnological innovation
dc.subject.naturalLabor and globalization
dc.subject.naturalManpower policy
dc.subject.naturalLabor policy
dc.subject.naturalRural manpower policy
dc.subject.naturalCareer academies
dc.subject.naturalProfessional education
dc.subject.naturalInequality of Income
dc.title.seriesADB Economics Working Paper Series
dc.title.volumeNo. 488
dc.contributor.imprintAsian Development Bank
oar.themeDevelopment
oar.themeEducation
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-008520
oar.authorMartorano, Bruno
oar.authorPark, Donghyun
oar.authorSanfilippo, Marco
oar.importTRUE
oar.googlescholar.linkpresenttrue


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