MEASUREMENT OF THE STRUCTURAL CHANGES IN THE ECONOMY

The article analyses structural changes in the economy and methods for their detection and measurement. The relationship between structural change and technological shifts is considered. The hypothesis is that the cause of cyclical fluctuations in the economy can be a technological shift that is building a new relationship within the sectors of the economy. To solve the problem of measurement of structural changes in the economy we offer an original method of constructing structural shifts indices. Changes in the structure are monitored by the share of people employed in industries with different levels of innovation. Based on extensive statistical material, the dynamics of the percent of the employed and growth rate of labor productivity is investigated on example of different countries. In case of a positive structural shift distribution of employed by industries should be changed in favor of innovative industries. The proposed method of detection and measurement of structural changes is effective in the analysis of industry and sectoral changes.