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"We review the theories of growth and economic development in which the industrial sector plays a role. We briefly discuss the theoretical arguments that have been put forward in each of them and summarise the explanation of how industrialisation promotes growth and economic development. We...
Persistent link: https://www.econbiz.de/10011098657
<span style="font-size: 10pt"><span style="font-size: 10pt">This paper presents a specific-factor model showing that, under technological uncertainty and risk averse agents, increasing trade integration is not always welfare increasing. The reason is that changes in the country's specialization level induced by trade integration produce both benefits and...</span></span>
Persistent link: https://www.econbiz.de/10005396490
Persistent link: https://www.econbiz.de/10005396492
<span style="font-size: 10pt"><span style="font-size: 10pt">This paper presents a historical and empirical account of the role played by government</span><span style="font-size: 10pt">intervention in the form of industrial policies in spurring development and growth in</span><span style="font-size: 10pt">developing countries in the last fifty years. Adopting the taxonomy proposed in Cimoli et</span><span style="font-size: 10pt">alt. (2008), it describes the set...</span></span>
Persistent link: https://www.econbiz.de/10005396506