Scholarlink

<p>This study examines the inclusivity of structural transformation and its impact on sustainable growth in developing countries, focusing specifically on Pakistan. Unlike many developing economies, Pakistan’s labor transition has been characterized by a direct shift from agriculture to the service sector, bypassing industrial deepening. Building on Kuznets’ (Kuznets (1995) Am Econ Rev 45:1–28) inverted-U hypothesis of inequality, the study applies an ARDL bounds testing approach using data from 1976 to 2018. Findings confirm the Kuznets pattern for sectoral employment but reveal a contrasting dynamic for sectoral output, suggesting jobless growth in the service sector. By introducing a novel real versus nominal sector framework, this research provides fresh empirical insights into how sectoral shifts shape income inequality during economic development.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Inclusivity of Structural Transformation

  • 期刊论文

  • 发表日期：

    2025年10月15日

查看全文
  • Madiha Kamal,
  • Muhammad Bilal Bin Abdul Rauf,
  • Zualfiqar Ali,
  • Khalid Khan

摘要

This study examines the inclusivity of structural transformation and its impact on sustainable growth in developing countries, focusing specifically on Pakistan. Unlike many developing economies, Pakistan’s labor transition has been characterized by a direct shift from agriculture to the service sector, bypassing industrial deepening. Building on Kuznets’ (Kuznets (1995) Am Econ Rev 45:1–28) inverted-U hypothesis of inequality, the study applies an ARDL bounds testing approach using data from 1976 to 2018. Findings confirm the Kuznets pattern for sectoral employment but reveal a contrasting dynamic for sectoral output, suggesting jobless growth in the service sector. By introducing a novel real versus nominal sector framework, this research provides fresh empirical insights into how sectoral shifts shape income inequality during economic development.