Aggregate productivity growth in the EU14 has slowed significantly in recent decades. Structural change toward services has contributed significantly to the growth slowdown. Future growth is projected to decline further due to the rise of sectors with stagnant productivity. Europe is projected...

This paper investigates the deindustrialization process in Germany and Spain from 1995 to 2018. It is argued that the deindustrialization trajectories of each country are partially related to their growth models. An analysis in two steps is conducted. First, using the OECD input-output tables, a...

Integration into the global economy can cause shifts in industries and decrease the industrial sector's share. Deindustrialization, which refers to declining industry share, is commonly observed in developed countries. However, many developing countries have also experienced deindustrialization...

We argue that the US trade and industry sector has experienced several unsustainable sectoral processes, including (i) a fall in the trade balance in machinery and equipment and high-tech (HT) industries, (ii) a rise in import multipliers in machinery and equipment and HT industries, (iii) a...

This article takes a further step in identifying a more complete economic history of deindustrialization. Following the extension of the timeline and its divorce from the 1970s, this article examines the reasons for production facility relocation out of Detroit prior to the 1970s with a...