Structural Transformation

Other Topics: Asia’s Growth and Development •• Inclusive Growth and Employment •• Problems Estimating Aggregate Production Functions, Growth Accounting and Total Factor Productivity


Refereed Publications


  • “Manufacturing Matters… but it’s the Jobs that Count” (with Aashish Mehta and Changyong Rhee). 2019. Cambridge Journal of Economics. Download .pdf


  • “Deindustrialization? A Global Perspective” (with A. Mehta). Economics Letters. 149: 148-151. Download .pdf
  • “The declining share of agricultural employment in China:How fast?” (with Connie Bayudan-Dacuycuy and Matteo Lanzafame). Structural Change and Economic Dynamics, Vol. 37 (June 2016): 127-137. Download .pdf


  • “Unit Labor Costs in the eurozone: the competitiveness debate again” (with Utsav Kumar). Review of Keynesian Economics. Download .pdf
  • “How rich countries became rich and why poor countries remain poor: It’s the economic structure…duh!” (with Utsav Kumar and Arnelyn Abdon). Japan and the World Economy. Download .pdf
  • “As you Sow so shall you reap: from capabilities to opportunities” (with Utsav Kumar and Arnelyn Abdon). Oxford Development Studies. Download .pdf


  • “Why has China succeeded? And why it will continue to do so” (with Utsav Kumar, Norio Usui and Arnelyn Abdon). Cambridge Journal of Economics. Vol.37, No. 4 (July): 791-818. Download .pdf
  • “Exports, Capabilities, and Industrial Policy in India” (with Utsav Kumar and Arnelyn Abdon). Journal of Comparative Economics. Vol.41: 939-956. Download .pdf


  • “Agglomeration Economies, Regional Growth, and the Aggregate Production Function: A Caveat Emptor for Regional Scientists” (with JSL McCombie). Spatial Economic Analysis, Vol.7, No.4 (December): 461-484. Download .pdf
  • “Using capabilities to project growth 2010-2030? (with Utsav Kumar and Arnelyn Abdon). Journal of the Japanese and International Economies, Vol. 26, issue 1 (March): 153-166. Download .pdf
  • “Product Complexity and Economic Development” (with Arnelyn Abdon, Marife Bacate, and Utsav Kumar). Structural Change and Economic Dynamics, Vol. 23, Issue 1 (March): 36-68. Download .pdf


  • “Rethinking the Growth Diagnostics Approach: Questions from the practitioners” (with Norio Usui and Arnelyn Abdon). Journal of International Commerce, Economics and Policy, Vol. 2, No. 2: 251-276. Download .pdf
  • “Exploring the Philippine Economic Landscape and Structural Change Using the Input-Output Framework” (with Nedelyn Magtibay-Ramos and Gemma Estrada). International Journal of Development Issues , Vol. 10, No. 1: 34-59. Download .pdf


  • “Sectoral Engines of Growth in Developing Asia : Stylized Facts and Implications” (with Miguel León-Ledesma, Matteo Lanzafame and Gemma Estrada). Malaysian Journal of Economic Studies 46 (2): 107-133. Download .pdf


  • “Benchmarking Developing Asia’s Manufacturing Sector” (with Gemma Estrada). International Journal of Development Issues, Vol.7, No.2: 97-119. Download .pdf
  • “An Input–Output Analysis of the Philippine BPO Industry” (with Nedelyn Magtibay-Ramos and Gemma Estrada). Asian-Pacific Economic Literature, Vol. 22 Issue 1 (May): 41-56 Download .pdf


  • “Demistifying the Principles of Comparative Advantage: Implications for Developing Countries.” (with Matías Vernengo). International Journal of Political Economy, Vol.32, No.4 (Winter 2002-2003): 49-75. Download .pdf

Invited Articles, Non-Refereed, and Book Chapters


  • Policies to Support the Development of Indonesia’s Manufacturing Sector during 2020–2024: A Joint ADB–BAPPENAS Report. 2019. ADB. Download .pdf


  • Report to the Government of Kazakhstan. Policies for Industrial and Service Diversification in Asia in the 21st Century (with Changyong Rhee). Asian Development Bank, October 2013. Download .pdf