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The shares of manufacturing in value added and employment across a range of developing economies peaked at lower levels of per capita income compared with their high-income, early-industrializer precursors. Based on the statistical analysis of input-output tables and firm-level data, the paper...
Persistent link: https://www.econbiz.de/10012910837
herald cities with their industrial bases as "engines of growth," does industrialization in fact drive urbanization? While … industrialization correlate only weakly with changes in urbanization. This suggests that policy and institutional factors may also … influence the urbanization process. In fact, the relationship between industrialization and urbanization is absent in Sub …
Persistent link: https://www.econbiz.de/10012973214
This paper examines how the ability to access long-term debt affects firm-level growth volatility. The analysis finds that firms in industries with stronger preference to use long-term finance relative to short-term finance experience lower growth volatility in countries with better-developed...
Persistent link: https://www.econbiz.de/10012970254
This paper studies interactions between access to finance, product innovation, and labor supply in a two-period overlapping generations model with an endogenous skill distribution and credit market frictions. In the model lack of access to finance (induced by high monitoring costs) has an...
Persistent link: https://www.econbiz.de/10012973535
This paper examines productivity growth in Romania using balance sheet data for a census of Romanian firms in 2011-17. Three measures of productivity are estimated: labor productivity, revenue total factor productivity, and revenue total factor productivity adjusted for markups. Drawing from...
Persistent link: https://www.econbiz.de/10012859492
The production of export goods has become increasingly unbundled, and countries positioning to become more integrated in the global economy are increasingly looking toward global value chains. This paper uses the Organisation for Economic Co-operation and Development/World Trade Organization's...
Persistent link: https://www.econbiz.de/10012908041
Like many countries in Sub-Saharan Africa, Senegal has struggled to develop its industrial sector in the face of import competition. For basic food products, there is an implicit trade-off between the objectives of maintaining employment and lowering the cost of living, both of which figure...
Persistent link: https://www.econbiz.de/10012971668
imitation sector. The process of industrialization increases the demand for high-skill labor, inducing individuals to invest in …
Persistent link: https://www.econbiz.de/10012974488
industrialization, diversification, and trade integration in many countries, particularly in East Asia. However, in the African context …
Persistent link: https://www.econbiz.de/10012976338
This paper focuses on the estimation of skill/industry premiums and labor force composition at the national and sector levels in seven East Asian countries with the objective of providing a comprehensive analysis of trends in demand for skills in the region. The paper addresses the following...
Persistent link: https://www.econbiz.de/10012976433