Economic growth, sectoral structure and unemployment

H.L.F. de Groot

Research output: ThesisDoctoral ThesisScientific

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Abstract

This thesis consists of three parts that deal with the relationship between the relative wealth of nations, economic growth, and the sectoral structure of economies. In the first part, the focus is on the relative stagnancy of Europe versus the USA in terms of productivity levels and unemployment. It is argued that generous social security systems in Europe and the high-fixed-cost technologies employed in the USA put the USA in a relatively advantageous position to perform Research and Development. Part two explicitly considers the relationship between growth and unemployment in the context of a dual labour market. This part examines how the organization of work, competition, the generosity of the social security system, the presence of trade unions, and institutional designs that link unemployment benefits to previous earnings affect both growth and unemployment. In part three, the determination, development, and social optimality of the sectoral composition of economies is discussed. Differential productivity growth between sectors, non-unitary income elasticities of demand, and outsourcing of non-core activities are shown to be important candidates for explaining the observed process of deindustrialization in advanced economies.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Tilburg University
Supervisors/Advisors
  • van Schaik, Ton, Promotor
Award date21 Oct 1998
Place of PublicationTilburg
Publisher
Print ISBNs9056680420
Publication statusPublished - 1998

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Unemployment
Economic growth
Social security system
Relative wealth
Productivity
Institutional design
Income elasticity
Outsourcing
Deindustrialization
Fixed costs
Dual labor market
Generosity
Elasticity of demand
Productivity growth
Trade unions
Unemployment benefits
Optimality

Cite this

de Groot, H. L. F. (1998). Economic growth, sectoral structure and unemployment. Tilburg: CentER, Center for Economic Research.
de Groot, H.L.F.. / Economic growth, sectoral structure and unemployment. Tilburg : CentER, Center for Economic Research, 1998. 301 p.
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de Groot, HLF 1998, 'Economic growth, sectoral structure and unemployment', Doctor of Philosophy, Tilburg University, Tilburg.

Economic growth, sectoral structure and unemployment. / de Groot, H.L.F.

Tilburg : CentER, Center for Economic Research, 1998. 301 p.

Research output: ThesisDoctoral ThesisScientific

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de Groot HLF. Economic growth, sectoral structure and unemployment. Tilburg: CentER, Center for Economic Research, 1998. 301 p. (CentER Dissertation Series).