scispace - formally typeset
Journal ArticleDOI

The Importance of Manufacturing in Economic Development: Has This Changed?

Reads0
Chats0
TLDR
In this article, the authors explored whether the low levels of industrialization in developing countries are attributable to long-term changes in opportunities available to the sector around the globe, and found that the manufacturing sector's value added and employment contribution to world GDP and employment, respectively, have not changed significantly since 1970.
About
This article is published in World Development.The article was published on 2017-05-01. It has received 229 citations till now. The article focuses on the topics: Deindustrialization & Industrialisation.

read more

Citations
More filters
Posted Content

Kuznets (Simon) - Modem Economie Growth.

Pierre Bauchet
- 01 Jan 1969 - 
Journal ArticleDOI

Performance Analysis of IoT-Based Sensor, Big Data Processing, and Machine Learning Model for Real-Time Monitoring System in Automotive Manufacturing.

TL;DR: The results showed that IoT-based sensors and the proposed big data processing system are sufficiently efficient to monitor the manufacturing process and that the proposed hybrid prediction model has better fault prediction accuracy than other models given the sensor data as input.
Journal ArticleDOI

How does manufacturing agglomeration affect green economic efficiency

TL;DR: Wang et al. as discussed by the authors investigated the nonlinear impact and its action path of Manufacturing Agglomeration (MA) on GEE theoretically and empirically via adopting dynamic spatial panel Durbin model and mediating effect model.
Journal ArticleDOI

What factors drive successful industrialization? Evidence and implications for developing countries

TL;DR: In this article, the authors analyzed the drivers of successful industrialization in developing countries and revealed that successful industrialisation is driven by a combination of factors, including a country's initial economic conditions, factor endowments and other characteristics, such as demography and geography.
References
More filters
Journal ArticleDOI

Economic Development with Unlimited Supplies of Labour

TL;DR: In this article, the authors present a different framework for solving problems of distribution accumulation and growth first in a closed and then in an open economy, where the assumption of an unlimited labor supply is used.
Book ChapterDOI

The Economic Implications of Learning by Doing

TL;DR: It is by now incontrovertible that increases in per capita income cannot be explained simply by increases in the capital-labor ratio as mentioned in this paper, and that knowledge is growing in time.
Journal ArticleDOI

On measuring inequality

TL;DR: A number of measures of inequality are examined, their strengths and weaknesses are evaluated, and some of the measures when they were applied to data on representation state legislatures and on land distribution are compared.
Trending Questions (2)
Is manufacturing sector limited in developing countries?

The manufacturing sector is not limited in developing countries, but there has been a concentration of manufacturing activities in specific developing countries.

Why industrialisation is important for development or economic growth?

Industrialization is important for development and economic growth because it allows countries to take advantage of their backwardness and sustain rapid and long-term growth.