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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Journal ArticleDOI
Economic Development and the Margins of Trade: Are the Least Developed Countries Different?
Jesse Mora,Michael Olabisi +1 more
TL;DR: In this paper, the authors used the Exporter Dynamics Database to identify differences in the margins of export growth for three country groups: high-income, middle-income and least developed countries.
Journal Article
Deindustrialization in Africa
TL;DR: In this article, the authors provide a classical explanation for deindustrialization, the failure to solve the food problem, which has prevented the evolution of a comparative advantage in labor intensive manufacturing.
Journal ArticleDOI
Robotisation of the manufacturing industries in the EU: Convergence or divergence?
TL;DR: In this paper, the authors investigated whether convergence or divergence of robot densities in the manufacturing industries of 24 EU countries occurred over the period from 1995 to 2015, using the convergence testing approach proposed by Rodrik (Q J Econ 128(1):165-204, 2013).
ReportDOI
In Search of Larger Per Capita Incomes: How To Prioritize across Productivity Determinants?
TL;DR: In this paper, the authors make a contribution to prioritization across productivity determinant capabilities that attempts to obtain the equivalent of a "shadow price" for each of these capabilities by estimating their impact on the success a country may have in reaching higher income per capita groups.
Proceedings ArticleDOI
Desindustrialização setorial e estagnação de longo prazo da manufatura brasileira
TL;DR: In this article, the authors quantified and analyzed deindustrialization for individualized manufacturing sectors in Brazil and concluded that Brazilian deindustrialisation is normal (and expected) for the labor-intensive manufacturing sectors, but premature for the technology-intensive sectors.
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.