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This Paper examines the impact of imported technologies on productivity for a sample of developing and transition countries in Central and Eastern Europe and in the Southern Mediterranean. These economies are getting more and more integrated to the European Union. The Paper departs from earlier...
Persistent link: https://www.econbiz.de/10005504405
This study consists of an examination of productivity growth following three major technological breakthroughs: the steam power revolution, electrification and the ICT revolution. The distinction between sectors producing and sectors using the new technology is emphasized. A major finding for...
Persistent link: https://www.econbiz.de/10005645283
There is a widespread perception that the Republic of Korea’s service sector lags behind its dynamic world-class manufacturing sector. We empirically analyze the past performance of the Republic of Korea’s service sector in order to assess its prospects as an engine of growth. Our analysis...
Persistent link: https://www.econbiz.de/10010840929
The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this paper is to empirically analyze the prospects for the...
Persistent link: https://www.econbiz.de/10010840984
The maturing of the manufacturing sector in many Asian countries, combined with the relative backwardness of its services sector, has made services sector development a top priority for developing Asia. Our central objective is to broadly survey and analyze the current landscape of the region's...
Persistent link: https://www.econbiz.de/10010580973
Does the increasing tertiarisation of an economy have the potential to sustain its growth rate? This work aims at contributing to this debate from a Portuguese perspective by conducting a characterization of the services sector in Portugal for the period 1970-2005/8. We first analyze the...
Persistent link: https://www.econbiz.de/10010638992
This study examines the effect of structural change on productivity growth in the manufacturing industries in Turkey, for the period of 1980-2008, where the export led industrialization strategies have been applied. The study defined structural change as the movement of factor inputs, from...
Persistent link: https://www.econbiz.de/10010676196
Empirical evidence suggests that the differences in rates of technical progress across sectors are time-variant, implying that the bias in technological change is not constant. In this paper, we analyze the implications of this non-constant sectoral biased technical change for structural change...
Persistent link: https://www.econbiz.de/10011264807
Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in service sector activity and its implications for economic development. Using National Accounts...
Persistent link: https://www.econbiz.de/10009363516
The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...
Persistent link: https://www.econbiz.de/10009363635