Does Premature Deindustrialization Matter?: The Role of Manufacturing versus Services in Development
The shares of manufacturing in value added and employment across a range of developing economies peaked at lower levels of per capita income compared with their high-income, early-industrializer precursors. Based on the statistical analysis of input-output tables and firm-level data, the paper contr...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2018
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| Schriftenreihe: | World Bank E-Library Archive
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| Online-Zugang: | Volltext |
| Zusammenfassung: | The shares of manufacturing in value added and employment across a range of developing economies peaked at lower levels of per capita income compared with their high-income, early-industrializer precursors. Based on the statistical analysis of input-output tables and firm-level data, the paper contributes to the discussion on whether this "premature deindustrialization" matters by showing that: a) the premature declining share of the manufacturing sector is largely not driven by a statistical artifice whereby what was earlier subsumed in manufacturing value added is now accounted for as service sector contributions; b) Some features of manufacturing that were thought of as uniquely special for development, such as scale economies, exports, and innovation, are increasingly shared by services sector firms. Yet, a given service subsector is unlikely to provide opportunities for productivity growth and job creation for unskilled labor simultaneously; c) Some high-productivity services serve final demand or derive demand from several sectors, while others are more closely linked to a manufacturing base |
| Beschreibung: | 1 Online-Ressource (28 Seiten) |
| DOI: | 10.1596/1813-9450-8596 |
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| spellingShingle | Nayyar, Gaurav Does Premature Deindustrialization Matter? The Role of Manufacturing versus Services in Development |
| title | Does Premature Deindustrialization Matter? The Role of Manufacturing versus Services in Development |
| title_auth | Does Premature Deindustrialization Matter? The Role of Manufacturing versus Services in Development |
| title_exact_search | Does Premature Deindustrialization Matter? The Role of Manufacturing versus Services in Development |
| title_exact_search_txtP | Does Premature Deindustrialization Matter? The Role of Manufacturing versus Services in Development |
| title_full | Does Premature Deindustrialization Matter? The Role of Manufacturing versus Services in Development Nayyar, Gaurav |
| title_fullStr | Does Premature Deindustrialization Matter? The Role of Manufacturing versus Services in Development Nayyar, Gaurav |
| title_full_unstemmed | Does Premature Deindustrialization Matter? The Role of Manufacturing versus Services in Development Nayyar, Gaurav |
| title_short | Does Premature Deindustrialization Matter? |
| title_sort | does premature deindustrialization matter the role of manufacturing versus services in development |
| title_sub | The Role of Manufacturing versus Services in Development |
| url | https://doi.org/10.1596/1813-9450-8596 |
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