Is the emphasis placed in trade and industry policy-making in developing countries on the share of domestic value-added (‘value-added ratio’) in exports consistent with the objective of achieving economic development through an export-oriented...
This paper provides a comprehensive analysis of the supply and demand side of structural transformation in Turkey. Using the GGDC/UNU-WIDER Economic Transformation Database, we find that labour productivity improvements explain more than half of...
Two well established stylized facts of economic development are a strong correlation between investment and income, and large differences in investment rates across countries. Construction is the largest component of investment. This paper examines...
This paper applies an environmentally extended input–output analysis, leveraging the Eora database, to estimate the global raw material footprints of 51 African nations from 1995 to 2015. It employs least absolute shrinkage and selection operator and...
Part of Book The Rise of China and India
Manufacturing has traditionally been regarded in the development literature as having special ‘growth-pulling’ or ‘growth-enhancing’ properties. The share of manufacturing in GDP has been declining slightly over time in South Africa, while that of...
This study provides an understanding of the Indian regional economy utilizing the fundamental economic structure (FES) approach. The FES construct implies that selected characteristics of an economy will vary predictably with region size, as measured...
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