EN
Structural Change and Economic Growth in Schengen Region
Abstract
The structural change of economy entails that in the long run how the dynamics of three main sectors (i.e. agriculture, industry and services) are related to economic growth. We conduct Granger non-causality (GC) tests with data from 15 Schengen countries in period 1970-2012. The results confirmed that industry sector is still the “engine” of economy and the larger service sector retards the gross domestic product per capita (GDPc) growth rate in Schengen region. The results support Baumol’s argument concerning the productivity differences and their growth effects across the sectors.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
March 1, 2017
Submission Date
March 1, 2017
Acceptance Date
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Published in Issue
Year 2017 Volume: 7 Number: 1
APA
Mahmood, T., & Linden, M. (2017). Structural Change and Economic Growth in Schengen Region. International Journal of Economics and Financial Issues, 7(1), 303-311. https://izlik.org/JA48PE84CJ
AMA
1.Mahmood T, Linden M. Structural Change and Economic Growth in Schengen Region. IJEFI. 2017;7(1):303-311. https://izlik.org/JA48PE84CJ
Chicago
Mahmood, Tahir, and Mikael Linden. 2017. “Structural Change and Economic Growth in Schengen Region”. International Journal of Economics and Financial Issues 7 (1): 303-11. https://izlik.org/JA48PE84CJ.
EndNote
Mahmood T, Linden M (March 1, 2017) Structural Change and Economic Growth in Schengen Region. International Journal of Economics and Financial Issues 7 1 303–311.
IEEE
[1]T. Mahmood and M. Linden, “Structural Change and Economic Growth in Schengen Region”, IJEFI, vol. 7, no. 1, pp. 303–311, Mar. 2017, [Online]. Available: https://izlik.org/JA48PE84CJ
ISNAD
Mahmood, Tahir - Linden, Mikael. “Structural Change and Economic Growth in Schengen Region”. International Journal of Economics and Financial Issues 7/1 (March 1, 2017): 303-311. https://izlik.org/JA48PE84CJ.
JAMA
1.Mahmood T, Linden M. Structural Change and Economic Growth in Schengen Region. IJEFI. 2017;7:303–311.
MLA
Mahmood, Tahir, and Mikael Linden. “Structural Change and Economic Growth in Schengen Region”. International Journal of Economics and Financial Issues, vol. 7, no. 1, Mar. 2017, pp. 303-11, https://izlik.org/JA48PE84CJ.
Vancouver
1.Tahir Mahmood, Mikael Linden. Structural Change and Economic Growth in Schengen Region. IJEFI [Internet]. 2017 Mar. 1;7(1):303-11. Available from: https://izlik.org/JA48PE84CJ