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contrast to some recent studies, we show that the importance of manufacturing for the world economy has not declined during the … manufacturing underestimates the importance of manufacturing. Many former in-house activities of manufacturing are nowadays … of activities interlinked with manufacturing became the dominant driver of deindustrialisation in these countries. We are …
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surprisingly unstable: Export ranks are not persistent, and new top products and destinations replace old ones. Measurement error … of this instability: Only 20% of the variation in export growth can be explained by variation in comparative advantage … (source-by-product factors), while another 20% of the variation in export growth can be explained by variation in bilateral …
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surprisingly unstable: Export ranks are not persistent, and new top products and destinations replace old ones. Measurement error … of this instability: Only 20% of the variation in export growth can be explained by variation in comparative advantage … (source-by-product factors), while another 20% of the variation in export growth can be explained by variation in bilateral …
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This paper examines industry-level responses of manufacturing employment in the context of globalization using a large … value-added growth (about 10 %) to increase manufacturing employment appreciably (about 4 %). The employment benefits of … export orientation are also modest even in "comparative advantage" industries of developing countries. However, diversifying …
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