Structural Change Analysis

Structural Change Analysis examines how the relationships among economic variables, industries, or sectors evolve over time. It identifies shifts in patterns, such as growth in new industries or decline in old ones, and assesses how these changes affect the overall economy. This analysis helps policymakers, businesses, and analysts understand long-term trends, anticipate future developments, and make informed decisions. Essentially, it reveals how the economic "building blocks" and their connections change, providing insight into the ongoing transformation of an economy’s structure.