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...

The main goal of the study is to identify the scope and trends in the manufacturing development of Russia and other countries of the Commonwealth of Independent States (CIS) in the context of integration effectiveness, industrial policies quality and competitiveness growth. Under current...

This study investigates the economic growth and catch-up of the Republic of Korea over the past half-century. The gap of output per worker between the Republic of Korea and United States has decreased rapidly, as the Republic of Korea's lower per capita income, relative to its potential level,...

This paper addresses the issue of how developing economies acquire new capabilities and the role of industrial policy in facilitating the technology acquisition that underpins these new capabilities. We focus on the role of the firm as aggregator of production technologies, business methods,...

Using rich product level data on prices and quantities at the establishment level for Colombia, complemented with information on input use, we develop a methodological approach to decomposing output and sales growth over an establishment's life cycle. Our approach measures output at the...

Emerging economies have an increasing influence on the global economy and there is general optimism regarding their prospects. However, given a sustained income gap between emerging and advanced economies, there is concern that many emerging economies will never match the advanced economies in...

This paper analyses the impact of population composition on long run economic development, by studying European migration to Argentina during the Age of Mass Migration (1850-1914). I use an instrumental variables (IV) approach that assigns immigrants to counties by interacting two sources of...

This paper analyses the nexus between global competitiveness and the attainment of the Vision 20:2020 agenda of the Federal Government of Nigeria. In doing this, the paper reviews the key elements of Vision 20/2020, the pillars of global competitiveness and the ranking of Nigeria on global...

Globalization has benefited the economies of member countries of the Organization for Economic Cooperation and Development (OECD) by helping their businesses stay profitable through cost-effective outsourcing of mostly garden-variety tasks and some knowledge-based activities. With time, the...

This paper applies the Economic Fitness and Complexity approach to analyse the underlying factors behind the wide and persistent economic disparities across the Italian regional units. Measures of regional fitness are obtained from their revealed comparative advantage and from their patent...