This study aims at shedding some light on the importance of the sectoral mix of a country in affecting its economic performance. It will try to answer a number of questions such as:
i) are there industries that offer better opportunities than other the overall economic performance of a country?
ii) are these industries time specific?
iii) are they also country specific?
iv) can they be identified as the industries with a higher level of labour productivity, with a higher technological level, with those offer better opportunities to spillovers?
Using data on production, employment and technology at a sectoral level, we will assess the contribution of sectoral change to growth in advanced industrial countries both by using panel data estimation technique and by decomposing the increases in labour productivity and in technology at an aggregate level into internal and shift components.