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Towards a theory of structural change

2000, Structural Change and Economic Dynamics

Abstract

The objective of this paper is to summarise essential aspects and types of structural change that may contribute to the development of a general theory. First a brief ontological introduction presents the underlying worldview and clarifies the meaning of key terms. Second the basic general mechanisms of structural change are explored and relations among them are pointed out. Finally some considerations are made about the use of the developed concepts in the prediction, analysis, and management of structural change situations.