The aim of this paper is to identify the factors that determined economic growth inAsian countries. In order to understand these factors and how they joined forces to help acquireeconomic growth, the paper studied some of the most relevant economies from this dynamic area ofthe world.The study...

The persistence of relative low aggregate income and productivity levels and performance in Portugal might be linked to the strong weight of services, and especially traditional stagnant personal services, which have fewer opportunities for enhancing its productivity. The so-called modern...

While the role of rural informal industrial clusters in generating income and employment opportunities for the rural poor is widely acknowledged, studies seldom examine the growth process of informal industries in developing countries. Particularly, studies seldom examine why many of the...

While there is consensus that industrial development is imperative in developing countries to reduce poverty and to attain sustainable economic growth, there is no consensus on how to develop industries in developing countries. The emerging literature on cluster-based industrial development,...

Macro analysis of the sources of income differences has produced very different results as to the importance of education. In this paper we investigate the roles of education and technology in explaining differences in firm level productivity across Ghana and South Korea. The labour productivity...

The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that in contrast to conventional wisdom that views early industrialization as a predominantly...

This paper examines how productivity effects of human capital and innovation vary at different points of the conditional productivity distribution. Our analysis draws upon two large unbalanced panels of 6,634 enterprises in Germany and 14,586 enterprises in the Netherlands over the period...

The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that, in contrast to conventional wisdom that views early industrialization as a predominantly...

This paper revisits the role of the manufacturing sector during the middle-income stage. By exploiting a large dataset that covers internationally comparable sectoral information, we prove that the manufacturing sector is imbued with three important characteristics. First, for middle-income...