In early 2003, the OECD released a major report entitled The Sources of Growth in OECD Countries. In the seventh and … Economic Advisers reviews the report. Baily notes that key findings include: the diversity in GDP per capita growth across OECD … countries, largely reflecting differences in labour utilization; the importance for growth of exposure to international trade …

to 1997 period, this paper provides empirical evidence on the relation between industrial structure and growth … development. Our results show that if the diversity and a limited plant size have a positive influence on local growth …, specialization has a negative impact. It appears however different growth impulses from sectors and their localization. …

article concludes that the book will be required reading for all economists interested in long-run economic growth trends and …