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industrialization. The theory fits the observation that in low-growth developing countries, women mostly work in household services … equilibrium or an industrialization equilibrium, or multiple equilibria depends on an economy's endowment of land relative to …
Persistent link: https://www.econbiz.de/10014067838
Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...
Persistent link: https://www.econbiz.de/10012849707
What drives growth at the microeconomic level? Burgess and Venables divide the factors that determine a location's growth performance into two groups, 1st advantage and 2nd advantage. The term 1st advantage refers to the conditions that provide the environment in which new activities can be...
Persistent link: https://www.econbiz.de/10012749539
This paper reviews the literature on the relationship between gender (in)equality and industrialization in the context …
Persistent link: https://www.econbiz.de/10012484471
structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into … as the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …
Persistent link: https://www.econbiz.de/10011880537
This research explores the long-run effect of industrialization on the process of development. In contrast to … subsequent decades. Nevertheless, early industrialization had an adverse effect on income per capita, employment and equality by … that the characteristics that permitted the onset of industrialization, rather than the adoption of industrial technology …
Persistent link: https://www.econbiz.de/10010518787
This research explores the long-run effect of industrialization on the process of development. In contrast to … the French industrial revolution, the research establishes that regions in which industrialization was more intensive …. Nevertheless, intensive industrialization has had an adverse effect on income per capita, employment and equality by the turn of …
Persistent link: https://www.econbiz.de/10011289903
One of the arguments for the detrimental effect of natural resources on the manufacturing is that it could be a byproduct of the capital accumulation process in the resource-abundant open economy. Substitution of capital for labor in resource sectors might slow down the accumulation of a highly...
Persistent link: https://www.econbiz.de/10012711314
Although there exists a vast literature on convergence and divergence of income levels across countries or regions at the aggregate level, there is only little work on convergence and/or diver- gence processes of productivity and wage levels at the more disaggregated industrial level. These are...
Persistent link: https://www.econbiz.de/10009750855
structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into … the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 2 of the paper reviews the role of Asia's developmental states in consciously …
Persistent link: https://www.econbiz.de/10011880565