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Foreign Direct Investment as a Catalyst for Industrial Development
Markusen, James R. - 1997
How does an FDI project affect local firms in the same industry? Competition in the" product and factor markets tends to reduce profits of local firms, but linkage effects to supplier" industries may reduce input costs and raise profits. This paper develops an analytical framework" to assess...
Persistent link: https://www.econbiz.de/10012472571
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Externalities and Industrial Development
Henderson, J. Vernon - 1994
Using a panel data set of county-level employment in machinery, electrical machinery, primary metals, transportation, and instruments, this paper analyzes the role of dynamic externalities for individual industries. Key issues examined include the role of externalities from own industry...
Persistent link: https://www.econbiz.de/10012474195
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Industrial Policy and the Great Divergence
Juhász, Réka; Steinwender, Claudia - National Bureau of Economic Research - 2023
, primarily, but not exclusively, fostering industrialization. We discuss the thin, but growing literature that evaluates the …
Persistent link: https://www.econbiz.de/10014372493
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Was an Industrial Revolution Inevitable? Economic Growth Over the Very Long Run
Jones, Charles I. - 1999
This paper studies a growth model that is able to match several key facts of economic history. For thousands of years, the average standard of living seems to have risen very little, despite increases in the level of technology and large increases in the level of the population. Then, after...
Persistent link: https://www.econbiz.de/10012471409
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Trade, Technology, and the Great Divergence
O'Rourke, Kevin Hjortshøj - 2019
Why did per capita income divergence occur so dramatically during the 19th Century, rather than at the outset of the Industrial Revolution? How were some countries able to reverse this trend during the globalization of the late 20th Century? To answer these questions, this paper develops a...
Persistent link: https://www.econbiz.de/10012479692
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When, Where, and Why? Early Industrialization in the Poor Periphery 1870-1940
Williamson, Jeffrey G. - 2010
This paper documents industrial output and labor productivity growth around the poor periphery 1870-1940 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over these seven critical...
Persistent link: https://www.econbiz.de/10012462312
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Globalization and the Great Divergence : Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913
Williamson, Jeffrey G. - 2008
trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently …, modern economists argue that volatility reduces growth in the poor periphery. This paper assess these de-industrialization … divergence between core and periphery. Third, the boom and its de-industrialization impact was only part of the story; growth …
Persistent link: https://www.econbiz.de/10012464805
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Trade and the Diffusion of the Industrial Revolution
Lucas, Robert E, Jr - 2007
A model is proposed to describe the evolution of real GDPs in the world economy that is intended to apply to all open …
Persistent link: https://www.econbiz.de/10012465364
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Spatial Competition, Innovation and Institutions : The Industrial Revolution and the Great Divergence
Desmet, Klaus - 2018
A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China … factor suppliers' organizations such as craft guilds, industrialization no longer depends on market size, but on spatial …
Persistent link: https://www.econbiz.de/10012452993
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The Spread of Manufacturing to the Poor Periphery 1870---2007
Bénétrix, Agustín S. - 2012
peripheral industrialization stretch into the late 19th century, the high point of peripheral industrialization was the 1950 …-1973 period, which saw widespread import- substituting industrialization. This period was also the high point of unconditional …
Persistent link: https://www.econbiz.de/10012460439