Nordic country managed to transform itself from a resource-based into a knowledge-based economy in a rather short period of …

quantify the impact of international trade and trade reform for industrialization. The model features Arming- ton motivated … subsidies and lump sum government transfers of net tariff revenue. We calibrate our economy to data on South Korea and the OECD …

Many theories link urbanization with industrialization; in particular, with the production of tradable (and typically … manufactured) goods. We document that the expected relationship between urbanization and the level of industrialization is not …

The structural transformation of a traditional economy dominated by primary activities into a modern economy where high … industrialization this paper discusses the past and present roles of the manufacturing sector in structural change and analyses new … opportunities provided by resource-based industrialization, (v) the accelerating pace of technological change in manufacturing, (vi …

This paper analyzes a stylized small open economy that consists of two tradable output-producing sectors: a … explore the impact of higher labor standards in the manufacturing sector on the long-term prospects of the economy using … certain conditions, shift the structure of the domestic economy in favor of that sector. This result is driven by changes in …

Brazilian economy was the most dynamic in terms of growth among developed and developing economies from post-War until … period. The last part of the paper shows that the high investment rate observed in the Brazilian economy from the post …, contributed to partially increase the long run growth rate of the Brazilian economy compatible with the balance of payment …