CIRJE-J-37. Yoshikawa, Hiroshi and Kazuyuki Matsumoto, "Structural Change and Economic Growth", December 2000.

This paper studies the empirical relationship between structural change and economic growth. Using long-term SNA data, by industry, we find a significantly positive relation between structural change and the growth rate for Japan and (West)Germany. Although such a relationship is not present for the United States in the post-war period, it can be found for the nineteenth and early twentieth century. We offer a brief discussion to explain such positive relationship between structural change and economic growth.