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deindustrialization based on whether the pace of deindustrialization diverges from the one implied by a theoretical benchmark of efficient … sectoral allocation. It identifies 10 episodes of premature deindustrialization, carrying negligible welfare costs, below 1 …
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past decades, and that deindustrialization has often set in at historically low levels of income. However, there is little … out "premature deindustrialization": first, it is mostly unskilled jobs that have disapp eared, and also the wage premium …, premature deindustrialization has been driven by occupations which are intensive in tasks that are vulnerable to an increasing …
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This paper examines the income inequality implications of a 'premature deindustrialization' trend in middle …-income countries. To identify the premature deindustrialization phase, we arrive at five conditions based on the trends in employment … and value-added share of manufacture. Among these five conditions, the first and second examine the deindustrialization …
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I document a significant deindustrialization trend in recent decades, that goes considerably beyond the advanced, post … deindustrialization has potentially significant economic and political ramifications, including lower economic growth and democratic …
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