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The Expansion of FDI by Emerging Countries in the Manufacturing Sector and the Industrialization of East Africa
Na, Hyeseon - 2023
The industrialization of sub-Saharan Africa has been lagging for a long time. In particular, the growth of the … the industrialization of Africa, this paper is organized as follows : i) the paper reviews the recent trends of FDI in … impact of FDI from new investors on the industrialization of Africa and provides some policy implications …
Persistent link: https://www.econbiz.de/10014264738
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Chapter 1. What Do We Learn From Schumpeterian Growth Theory?
Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - 2014
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10014025596
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Demographic Transition, Industrial Policies and Chinese Economic Growth
Dotsey, Michael; Li, Wenli; Yang, Fang - 2022
We build a unified framework to quantitatively examine the demographic transition and industrial policies in contributing to China’s economic growth between 1976 and 2015. We find that the demographic transition and industrial policy changes by themselves account for a large fraction of the...
Persistent link: https://www.econbiz.de/10014080123
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Demographic Transition, Industrial Policies, and Chinese Economic Growth
Dotsey, Michael; Li, Wenli; Yang, Fang - 2022
We build a unified framework to quantitatively examine the demographic transition and industrial policies in contributing to China’s economic growth between 1976 and 2015. We find that the demographic transition and industrial policy changes by themselves account for a large fraction of the...
Persistent link: https://www.econbiz.de/10014081597
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Banking and Industrialization
Heblich, Stephan - 2015
We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...
Persistent link: https://www.econbiz.de/10013014356
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Escaping the middle-income trap : a cross-country analysis on the patterns of industrial upgrading
Wang, Lili; Wen, Yi - 2018
developed western world by going through three developmental stages sequentially; namely, a proto-industrialization in the rural …, economies stuck in the low-income trap or middle-income trap did not follow the above sequential stages of industrialization …. For example, many Eastern European and Latin American countries after WWII jumped to the stage of heavy industrialization …
Persistent link: https://www.econbiz.de/10011782896
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Dynamic Capabilities, Developmental Industrial Strategy and The Strategic SCA of Nations
Pitelis, Christos N. - 2016
Economics and management literatures fail to properly articulate the interrelationship between enterprise-level appropriability/value capture strategies and the acquisition and sustainability of economy-wide co-created value. We propose a developmental industrial strategy that aims to help...
Persistent link: https://www.econbiz.de/10012996671
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Schumpeter in practice : the role of credit for industrial policy in China
Geißendörfer, Lisa; Haas, Thomas - 2022
Since the late 1970s, the Chinese government has been undertaking major efforts in developing their countries economy by means of industrial policy. However, a more narrow approach to industrial policy has been pursued only since 2010, with the initiation of the 'Strategic Emerging Industries'...
Persistent link: https://www.econbiz.de/10014327490
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The Development of Chinese Industries in the 4th Industrial Revolution and Korea-China Cooperation
Cho, Eun Kyo - 2022
Lately, as the U.S.-China trade war has developed into a scramble for market dominance in the fourth industrial revolution, China’s development of new industries associated with fourth industrial revolution technologies is gaining more attention. China has already reached globally-competitive...
Persistent link: https://www.econbiz.de/10014264395
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Growth and Structural Changes in India's Industrial Sector
Maurya, Nagendra - 2014
Structural economists like Colin Clark, Fisher, Kuznets, etc. have empirically demonstrated that growth is brought about by changes in structural composition. Indian economy is also experiencing major changes in its structure in recent decades. The theory of structural transformation has given...
Persistent link: https://www.econbiz.de/10013063337