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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Überzählige Arbeitskräfte. Die Herausforderung für das Nachhaltigkeitsziel „menschenwürdige Arbeit“
TL;DR: Scherrer et al. as discussed by the authors compare early and late industrialising countries and highlight various factors which late industrialisers must contend with: demographic pressures, restrictions on migration, productivity differentials vis-a-vis the Global North and the few successful late industrializers, and the constraints on the promotion of industry stemming from neoliberal globalisation.
Journal ArticleDOI
Patterns of Sectoral Structural Change – Empirical Evidence from Similarity Networks
TL;DR: In this article, the authors conduct a sectorally disaggregated, empirical analysis of structural change by developing a network of inter-sector similarities on the basis of value-added data derived from multi-regional input-output tables.
Journal ArticleDOI
Competitiveness through new industrialisation in the EAEU
TL;DR: The Eurasian Economic Union (EEU) as discussed by the authors is a member of the EAEU, which is based on commodity dependence and deindustrialisation of post-communist countries.
Posted Content
Productivité agricole, intégration et transformation structurelle de l’économie marocaine
TL;DR: In this article, the authors analyze the dynamics of productivity in two ways: the speed of convergence of agricultural productivity to the level recorded by other sectors of the economy and the decomposition of the change in aggregate productivity into the structural changes or reallocation effect and the within or intra effect.
Journal ArticleDOI
Aid to agriculture, trade and structural change
TL;DR: In this paper, the authors studied the effect of agricultural aid on the industrialization process of developing countries of foreign aid given to agriculture to expand its productive capacity and found that the effect is conditional on the openness of receiving countries.
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.