Structural Change in an Open Economy*
Rui Mao
Ph.D. student
&Yang Yao
Professor
China Center for Economic Research,
National School of Development
Peking University
First Version: December 2009
This Version: May 2010
* We thank the contribution of Yuting Fan for an early version of the paper. We appreciate the comments by seminar participants at Hong Kong University of Science and Technology and Peking University.No.pdf