decline have fallen as obviously. These results are consistent with the idea that industrialization in employment terms has … been more important for eventual prosperity than has industrialization in output terms; and that high manufacturing … industrialization may have become more difficult. …

developmentalism paradigm to promote economic transformation and commodity-based industrialization against the shortcomings of the …

main institutional driver of the country's catch-up industrialization. In this paper, we test this assertion by evaluating … productivity. In line with theories of late industrialization, we also find evidence that the effect of public credit was larger in …