Manufacturing industries are in dynamic changes in both developed and developing countries. It has increasingly been argued in the literature that for a company which strives for market competitiveness, it does not suffice just to excel at managing company s assets. Indeed, it has been suggested...

Although there exists a vast literature on convergence and divergence of income levels across countries or regions at the aggregate level, there is only little work on convergence and/or diver- gence processes of productivity and wage levels at the more disaggregated industrial level. These are...