Showing 1 - 10 of 1,501
. These countries follow a similar industrialization pattern, increasing the weight of high value-added exports. Although Hong …
Persistent link: https://www.econbiz.de/10013229824
Industrialization experiences differ substantially across countries. We use a benchmark model of structural change to … shed light on the sources of this heterogeneity and, in particular, the phenomenon of premature deindustrialization. Our … countries can generate variation in industrialization experiences similar to those found in the data, including premature …
Persistent link: https://www.econbiz.de/10013300930
Middle East and North Africa, Asia, and sub-Saharan Africa) between 1870 and 2007. We find that although the roots of rapid … 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/10013103787
We re-examine the role of financial market development in the intersectoral allocation of resources. Specifically, we propose the use of a new methodology that looks at the co-movement in growth rates across pairs of countries to examine the role of financial development in allowing firms to...
Persistent link: https://www.econbiz.de/10013242889
This paper models an economy in which it is costly to move resources between the tradeable and nontradeable sectors. The economy is subject to capital flows that are unpredictable and are perceived as having only limited persistence. The model shows that both the fact that capital flows are...
Persistent link: https://www.econbiz.de/10013218113
Opioid addiction and mortality skyrocketed over the past decade. A casual look at the geographic incidence of opioid mortality shows sharply higher mortality rates in the Appalachian region, especially in coal-mining areas. This has led observers to make a link that was characterized by one...
Persistent link: https://www.econbiz.de/10012857821
future. This paper summarizes the key themes emerging from a conference on de-industrialization. De-industrialization is a … process that happens over time in all countries, even China. The distinction between manufacturing and services is likely to … become increasingly blurry. More manufacturing firms are engaging in services activities, and more wholesale firms are …
Persistent link: https://www.econbiz.de/10012965957
We study the instability of hyper-specialization of exports. We have two main findings. (1) Specializations are surprisingly unstable: Export ranks are not persistent, and new top products and destinations replace old ones. Measurement error is unlikely to be the main or only determinant of this...
Persistent link: https://www.econbiz.de/10012978517
manufacturing competition to test how shifts in the relative economic stature of young men versus young women affected marriage …
Persistent link: https://www.econbiz.de/10012962728
It is widely believed that U.S. trade deficits have displaced workers from highly paid manufacturing jobs into less … Jagdish Bhagwati. This paper models the deindustrialization hypothesis explicitly as a domestic distortions issue, and shows …
Persistent link: https://www.econbiz.de/10013223327