Factor Endowments and Industrial Structure
Author : Trevor A. Reeve
Publisher :
Page : 52 pages
File Size : 33,15 MB
Release : 2002
Category : Factor proportions
ISBN :
Author : Trevor A. Reeve
Publisher :
Page : 52 pages
File Size : 33,15 MB
Release : 2002
Category : Factor proportions
ISBN :
Author : Ms.Natasha Xingyuan Che
Publisher : International Monetary Fund
Page : 42 pages
File Size : 27,27 MB
Release : 2012-06-01
Category : Business & Economics
ISBN : 1475505132
This paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the degree that a country's industrial structure optimally reflects its factor endowment fundamentals. The paper found that at least for the overall capital, the shares of capital intensive industries were significantly bigger with higher initial capital endowment and faster capital accumulation. Moreover, there is a positive relationship between a country's aggregate output growth and the degree of structural coherence. Quantitatively, the structural coherence with respect to the overall capital explains about 30% of the growth differential among sample countries.
Author : Justin Yifu Lin
Publisher : World Bank Publications
Page : 389 pages
File Size : 37,95 MB
Release : 2012-01-01
Category : Business & Economics
ISBN : 0821389572
This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.
Author : Justin Y. Lin
Publisher :
Page : 32 pages
File Size : 45,51 MB
Release : 2016
Category :
ISBN :
The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive over time. Application of the basic model to less developed economies shows that the (optimal) industrial structure and the (most) appropriate technologies in less developed economies are endogenously determined by their factor endowments. A firm in a less developed country that enters a capital-intensive, advanced industry in a developed country would be nonviable owing to the relative scarcity of capital in the factor endowments of less developed countries.
Author : Justin Yifu Lin
Publisher :
Page : pages
File Size : 44,83 MB
Release : 2012
Category :
ISBN :
The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive over time. Application of the basic model to less developed economies shows that the (optimal) industrial structure and the (most) appropriate technologies in less developed economies are endogenously determined by their factor endowments. A firm in a less developed country that enters a capital-intensive, advanced industry in a developed country would be nonviable owing to the relative scarcity of capital in the factor endowments of less developed countries.
Author :
Publisher :
Page : 36 pages
File Size : 19,50 MB
Release : 1997
Category :
ISBN :
Author : Ivan Savin
Publisher :
Page : 0 pages
File Size : 43,70 MB
Release : 2012
Category :
ISBN :
We analyze the medium- and long-run effects of international integration of capital markets on specialization patterns of countries. For that purpose, we incorporate induced technical change into a Heckscher-Ohlin model with a continuum of final goods. This provides a comprehensive theory that explains the dynamics of comparative advantages based on differences in effective factor endowments. Our model constitutes an appropriate framework for understanding the changes in industrial structure of foreign trade observed, e.g., in the CEE countries over the last two decades. In addition, our approach provides a theoretical foundation for the empirical prospective comparative advantage index (Savin and Winker 2009) with new insights into the future dynamics of comparative advantages. Eventually, the model may serve as a basis to set development priorities in countries being in the period of transition.
Author : Mary Amiti
Publisher :
Page : 48 pages
File Size : 34,47 MB
Release : 1995
Category : Industrial organization
ISBN :
Author : Kwok Tong Soo
Publisher :
Page : 0 pages
File Size : 10,17 MB
Release : 2014
Category :
ISBN :
This paper explores the relationship between factor endowments, technology and industrial structure, using a panel data-set of Indian industries across states, industries and time. Factor endowments and technology are found to be significantly related to industry shares, and this is robust to controlling for the slow adjustment of industrial structure. I also consider the impact of the liberalization of the Indian economy beginning in 1985 and 1991 on the relationship between these variables. While industrial structure is always positively related to technological advantage, factor endowments play an increasingly significant role after liberalization.
Author : Thaddee Badibanga, Xinshen Diao, Terry Roe, Agapi Somwaru
Publisher : Intl Food Policy Res Inst
Page : 40 pages
File Size : 42,98 MB
Release :
Category : Social Science
ISBN :