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Manufacturing has traditionally been regarded in the development literature as having special "growth-pulling" or "growth-enhancing" properties. The share of manufacturing in GDP has been declining slightly over time in South Africa, while that of services has been growing. This study focuses on...
Persistent link: https://www.econbiz.de/10003793474
The rapid growth of offshoring has sparked a contentious debate over its impact on the U.S. manufacturing sector, which has recorded steep employment declines yet strong output growth—a fact reconciled by the notable gains in manufacturing productivity. We maintain, however, that the dramatic...
Persistent link: https://www.econbiz.de/10008695825
This paper investigates the role intangible capital plays for economic growth in different sectors in Germany. It consists of two major parts. In the first part, we aim at measuring investment in intangibles at the sector level. We shed light on differences across sectors but also compare these...
Persistent link: https://www.econbiz.de/10010385066
The on-going "Make in India" campaign aims at manufacturing revival. Its characteristics resemble East Asian industrial …'s specialisation pattern and global competitiveness accompanied by economic growth. Unlikely, "Make in India" comprises heterogeneous … modernisation and growth, will shape the success of India's diversified industrial policy. …
Persistent link: https://www.econbiz.de/10011646272
The rising trade in intermediate goods accounts for almost two-thirds of world’s trade (MGI, 2019). India's export … share for intermediate goods in its total exports has increased from 31.18% in 2011 to 32.52% in 2016. Moreover, India … intermediate exporter. Recent "Make in India" initiative boosts of making India competitive in exporting of manufactured products …
Persistent link: https://www.econbiz.de/10011994113
Using data on 2-digit industry for 1981-2004, the study examines the association between growth in total factor productivity and economic reforms. Accordingly, we first compute industry-level productivity growth using advanced econometric techniques and thereafter ascertain the time frame over...
Persistent link: https://www.econbiz.de/10011524135
The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between 2011 and 2012. The...
Persistent link: https://www.econbiz.de/10010233106
Productivity growth in Indian manufacturing is an important driver of overall growth, yet the issues related to its measurement have still not been resolved. The issue of how to compute an aggregate productivity measure holds significance for two reasons: one, the productivity of a firm should...
Persistent link: https://www.econbiz.de/10003863458
This paper reconsiders two questions relating to India's economic growth: structural breaks in growth and the impact of … post-independence India has witnessed four structural breaks: in 1964-65, in 1978-79, in 1990-91, and in 2004-05. However …
Persistent link: https://www.econbiz.de/10012136993
India, disaggregated by 15 states and 14 broad industry groups. We find that a single common "V-Factor" accounts for a large …
Persistent link: https://www.econbiz.de/10003809921