Structural Change in an Interdependent World: A Global View of Manufacturing Decline
نویسندگان
چکیده
منابع مشابه
Structural Change in an Interdependent World: a Global View of Manufacturing Decline
This paper presents a simple model of the world economy, in which productivity gains in manufacturing are responsible for the global trend of manufacturing decline, and yet, in cross-section of countries, faster productivity gains in manufacturing do not necessarily imply faster declines in manufacturing. In doing so, it aims to draw attention to the common pitfall of using the cross-country ev...
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A possible alternative to the Solow-Swan model is some variant of a model of endogenous growth either in the form of the AK model developed by Romer (1986), Lucas (1988) and Rebelo (1991) or in the subsequent group of models by Romer (1990), Grossman and Helpman (1991a, b), and Aghion and Howitt (1992) that focus more explicitly on the determinants of technological change. In this article we st...
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ژورنال
عنوان ژورنال: Journal of the European Economic Association
سال: 2009
ISSN: 1542-4766,1542-4774
DOI: 10.1162/jeea.2009.7.2-3.478