Includes index.

Contents: Introduction -- Growth and investment: A Cross section perspective -- The Conceptual framework -- Patterns of residual growth: Measurements -- Towards an interpretation of the growth mechanism -- Technical notes: Estimates of conventional inputs -- Growth and investment: A Historical perspective -- The Historical pattern of western developed nations -- The Historical pattern of Japan: The Case of a latecomer -- Developing nations: Changes over time -- Production structure and employment: Sectoral inequality of product per worker -- Introduction: The Conceptual framework and the problem -- A Sectoral comparison of product per worker using cross-sectional data -- Sectoral comparisons of product per worker: Historical patterns of presently developed nations -- Discrepancy between product and labor shares -- Production structure and employment: Sectoral productivity growth and development phases -- Productivity and employment by sector: Growth relationships -- Sectoral characteristics of technology -- Integration towards an aggregate pattern: Phasing -- The Domestic and international price structures -- Changes in the domestic price structure and productivity growth: The Competitive mechanism -- International dimensions -- The Domestic price structure of developing economies -- Growth and international trade -- Imports: Requirements and substitution -- The Causes and effects of export growth -- Exports and imports: Interrelated sequential path through shifting phases -- Appendix 1: Initial conditions of Japan: Economic level and structure -- Appendix 2: Sectoral residual growth and reallocation effects -- Appendix 3: Labor productivity, investment efficiency, and the residual with sectoral estimates of three selected countries.