Structural change refers to changes in the composition and dynamics of an economy, typically involving shifts in the relative importance of different sectors or industries over time. These changes can be driven by a variety of factors, such as technological advancements, shifts in consumer preferences, changes in government policies, or globalization. Understanding structural change is important for policymakers, economists, and businesses because it can have significant implications for economic growth, employment, income distribution, and overall economic development. Research in this area often focuses on identifying the drivers of structural change, analyzing its effects on different sectors and regions, and developing strategies to manage and adapt to these changes effectively. Additionally, structural change research can also help identify opportunities for innovation, growth, and competitiveness in different industries.