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productivity; changing comparative advantage of countries; and trade liberalisation. Demand-side factors have played a role, too …. Quantitatively, factors internal to advanced economies, such as productivity growth and changing consumption patterns, explain 70 …
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the paper shows a premature deindustrialization process since the 1970s, continuing to the present. We observe in the … accounts for two-thirds of total employment in the economy. The trend of persistent deindustrialization and high inequality is …
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Deindustrialisation, stagnant real incomes of production workers and increasing inequality are latter-day features of many economies. It's common to assume that such developments pressure policy-makers to relax environmental standards. However, when heavily polluting industries become less...
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