Journal ArticleDOI
Unconditional Convergence in Manufacturing
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TLDR
The authors found that manufacturing industries exhibit strong unconditional convergence in labor productivity and showed that despite strong convergence within manufacturing, aggregate convergence fails due to the small share of manufacturing employment in low-income countries and slow pace of industrialization.Abstract:
Unlike economies as a whole, manufacturing industries exhibit strong unconditional convergence in labor productivity. The article documents this at various levels of disaggregation for a large sample covering more than 100 countries over recent decades. The result is highly robust to changes in the sample and specification. The coefficient of unconditional convergence is estimated quite precisely and is large, at between 2–3% in most specifications and 2.9% a year in the baseline specification covering 118 countries. The article also finds substantial sigma convergence at the two-digit level for a smaller sample of countries. Despite strong convergence within manufacturing, aggregate convergence fails due to the small share of manufacturing employment in low-income countries and the slow pace of industrialization. Because of data coverage, these findings should be as viewed as applying to the organized, formal parts of manufacturing.read more
Citations
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Robots and Women in Manufacturing
TL;DR: The authors empirically analyzed the impact of industrial robots in gender segregation and employment levels of women and men using an industry-level disaggregated panel dataset of 11 industries in 14 developed and developing countries during 1993-2015.
Book ChapterDOI
Conclusions: Comparative Developments in Trade, Industrialization, and Inequality Since 1850
TL;DR: The role of trade, industrialization, and inequality in the diverging pathways of the two regions has been examined in this article , where the authors make contributions to the previous discussions of why Scandinavia and South America experienced such different trajectories during the twentieth century.
Journal ArticleDOI
Abatement costs of combatting industrial water pollution: convergence across Chinese provinces
TL;DR: Wang et al. as mentioned in this paper used a directional distance function model to estimate the abatement cost of chemical oxygen demand (COD) and NH4, and then conduct a convergence analysis of abatements cost to check the patterns of mitigation and convergence.
Journal ArticleDOI
Export specialization, trade liberalization and economic growth: a synthetic control analysis
TL;DR: The authors analyzed the effect of trade liberalization on economic growth, placing a particular focus on the mechanisms that can potentially explain the estimated effects, and classified the countries into four different sub-groups based on their predominant exports (agriculture, manufacturing, mining and services).
References
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Journal ArticleDOI
Convergence across States and Regions
TL;DR: In this paper, the authors use the neoclassical growth model as a framework to study convergence across the forty-eight contiguous U.S. states using data on personal income since 1840 and on gross state product since 1963.
Posted Content
Productivity Growth, Convergence and Welfare: What the Long Run Data Show
TL;DR: Maddison's 1870-1979 data are analyzed, showing the historically unprecedented growth in productivity, GDP per capita and exports and the remarkable convergence of productivities of industrialized market economies, with convergence apparently shared by planned economies but not less developed countries as discussed by the authors.
Book
Handbook of Economic Growth
TL;DR: The Handbook of Economic Growth as discussed by the authors summarizes recent advances in theoretical and empirical work while offering new perspectives on a range of growth mechanisms, from the roles played by institutions and organizations to the ways factors beyond capital accumulation and technological change can affect growth.
Posted Content
Productivity Growth, Convergence, and Welfare: What the Long-Run Data Show
TL;DR: Maddison's 1870-1979 data are analyzed, showing the historically unprecedented growth in productivity, gross domestic product per capita and exports and the remarkable convergence of productivities of industrialized market economies, with convergence apparently shared by planned economies but not less developed countries.