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This paper argues that the single most important factor that explains East Asia's development success was its fast structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into manufacturing, and the sector diversified and upgraded its...
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The aim of this study is to evaluate the potential process of early deindustrialization in Brazil, or the reduction of the share of manufacturing in the added value, that occurred in a per capita income level that, according to the specialized literature, it is not justified. For this intent, we...
Persistent link: https://www.econbiz.de/10009411264
A comparative-static model describes the decline of manufacturing in the face of rising overseas employment through a mechanism other than the Dutch Disease. Instead it is competition for skilled labour and the relative ease in producing skills that affect the size of the manufacturing sector,...
Persistent link: https://www.econbiz.de/10009718068
This paper discusses the de-industrialization hypothesis in Brazil based on indicators usually not found in the literature. The evaluation was based on the structure and dynamics of the manufacturing sector vis-à-vis the rest of the economy and, in addition, from an intra-industrial standpoint...
Persistent link: https://www.econbiz.de/10009561194
The recent increase in the world price of primary commodities has brought back to the forum the issue of the role of natural resources in the development process. Whilst improving terms of trade may help developing countries to grow faster in the short run, doubts still exist on the long-run...
Persistent link: https://www.econbiz.de/10003747541
This document looks at the deindustrialization process in Colombia during 1965-2012, attempting to distinguish between “secular movements” (normal) from factors that have accelerated its process as a result of the Dutch Disease. This is a case of accelerated deindustrialization, where the...
Persistent link: https://www.econbiz.de/10013072243
Deindustrialisation is typically conceptualised as a decline in manufacturing as a share of total employment. From a Kaldorian perspective deindustrialisation could have negative implications for long-run growth, given the special growth-pulling properties of manufacturing. However, defining...
Persistent link: https://www.econbiz.de/10013152848
Recent studies show that, within countries, manufacturing labor productivity growth has outstripped aggregate labor productivity growth, putting significant downwards pressure on national manufacturing employment shares. We compile the first (nearly) global database of national manufacturing...
Persistent link: https://www.econbiz.de/10012942738