Download or read book Factor Endowment Structural Coherence and Economic Growth written by Ms.Natasha Xingyuan Che and published by International Monetary Fund. This book was released on 2012-06-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book New Structural Economics written by Justin Yifu Lin and published by World Bank Publications. This book was released on 2012-01-01 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Endowment Structures Industrial Dynamics and Economic Growth written by Jiandong Ju and published by . This book was released on 2017 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a dynamic general equilibrium model to explore industrial evolution and economic growth in a closed developing economy. The authors show that industries will endogenously upgrade toward the more capital-intensive ones as the capital endowment becomes more abundant. The model features a continuous inverse-V-shaped pattern of industrial evolution driven by capital accumulation: As the capital endowment reaches a certain threshold, a new industry appears, prospers, then declines and finally disappears. While the industry is declining, a more capital-intensive industry appears and booms, ad infinitum. Explicit solutions are obtained to fully characterize the whole dynamics of perpetual structural change and economic growth. Implications for industrial policies are discussed.
Download or read book Handbook of Evidence Based Management Practices in Business written by Satyendra Kumar Sharma and published by Taylor & Francis. This book was released on 2023-05-25 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of selected high-quality research papers presented at the 4th International Conference on Evidence-Based Management (ICEBM) 2023, held at Birla Institute of Technology & Science, Pilani, Rajasthan, India, during February 24–25, 2023. It has 76 chapters written by various scholars focusing on evidence-based management practices in different functional areas of management with the application of theory and empirical techniques. This book will be helpful to practitioners, academics, scholars, and policymakers.
Download or read book Labour and Capital Use in Indian Manufacturing written by Anjali Tandon and published by Taylor & Francis. This book was released on 2023-11-17 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book strengthens our understanding of Indian manufacturing. It argues that structural transformation should be guided by the given factor endowments. The book undertakes detailed empirical scrutiny to provide inputs for guiding the future industrial policy in India. The book recognises the differential structure of organised and unorganised manufacturing with their distinguished response to the use of labour and capital. The analytical framework consists of an economy-wide approach and structural relationships at the industry level. The underlying sectoral interdependence highlights the job creation potential of domestic manufacturing, which spreads into the non-manufacturing sectors through the essential accounting of the embodied effects. The impact of import utilisations underscores the leakages in the domestic economy in terms of the employment forgone and capital use, thereby highlighting the need to strengthen domestic production. The book clearly identifies the labour- and capital-intensive categories of manufacturing for empirical investigations. A comprehensive read on labour and capital use in Indian manufacturing, this book in the series Sustainable Industrial Development will appeal to scholars and researchers of economics, applied industrial economics, Indian economy, and business studies. It will also be of interest to professionals and practitioners in policy circles and research think tanks.
Download or read book Resource Abundance and Economic Development written by R. M. Auty and published by Oxford University Press. This book was released on 2001-06-28 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import."Resource Abundance and Economic Development" explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform.
Download or read book Sectoral Growth Across U S States written by J. David Richardson and published by . This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employing a 'factor-content' model that relates sectoral growth to regional factor endowments, we find that 1) U.S. state factor endowments are reasonably strong correlates of cross-state sectoral growth in value-added, with patterns that accord well with intuition; 2) that inter-sectoral differences in productivity change are marked -- estimates range from negative to annual rates over 10 percent; 3) little evidence of unusual growth linkages either from sector to sector or state to state, such as might be expected from recent discussions of externalities, ... 4) ... nor of correlation between unusually strong sectoral growth and unusual levels of export dependence, another putative channel of externalities. Our principle data set is a 1987-89 panel of: sector-by-sector, state-by-state value added and international exports, as well as state endowments of patents, structural capital, and as many as six types of labor. 'Unusual' growth and exports are defined as the residual growth and international exports left unexplained by endowments.
Download or read book Unintended Consequences written by Deepak Lal and published by . This book was released on 1999 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Dynamic Systems of Basic Economic Growth Models written by Bjarne S. Jensen and published by Springer Science & Business Media. This book was released on 2012-02-02 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two central problems in the pure theory of economic growth are analysed in this monograph: 1) the dynamic laws governing the economic growth processes, 2) the kinematic and geometric properties of the set of solutions to the dynamic systems. With allegiance to rigor and the emphasis on the theoretical fundamentals of prototype mathematical growth models, the treatise is written in the theorem-proof style. To keep the exposition orderly and as smooth as possible, the economic analysis has been separated from the purely mathematical issues, and hence the monograph is organized in two books. Regarding the scope and content of the two books, an "Introduction and Over view" has been prepared to offer both motivation and a brief account. The introduc tion is especially designed to give a recapitulation of the mathematical theory and results presented in Book II, which are used as the unifying mathematical framework in the analysis and exposition of the different economic growth models in Book I. Economists would probably prefer to go directly to Book I and proceed by consult ing the mathematical theorems of Book II in confirming the economic theorems in Book I. Thereby, both the independence and interdependence of the economic and mathematical argumentations are respected.
Download or read book EU Cohesion Policy written by Nicola F. Dotti and published by Edward Elgar Publishing. This book was released on 2024-01-18 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: This engaging and topical book comprehensively explores the complexities surrounding the EU Cohesion Policy, which has been addressing regional and urban development across Europe since the 1980s. Adopting a multidisciplinary approach, it not only considers the goals of this long-term investment policy, which is to reduce territorial disparities between Member States and their regions, but also considers the role it plays in the European integration process and the challenges the EU will face in its future.
Download or read book Technology Globalization and Sustainable Development written by Nicholas A Ashford and published by Routledge. This book was released on 2018-08-06 with total page 774 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology, Globalization, and Sustainable Development offers a unified, transdisciplinary approach for transforming the industrial state in order to promote sustainable development. The authors present a deep analysis of the ways that industrial states – both developed and developing – are currently unsustainable and how economic and social welfare are related to the environment, to public health and safety, and to earning capacity and meaningful and rewarding employment. The authors offer multipurpose solutions to the sustainability challenge that integrate industrial development, employment, technology, environment, national and international law, trade, finance, and public and worker health and safety. The authors present a compelling wake-up call that warns of the collision course set between the current paths of continued growth and inevitable unsustainability in the world today. Offering clear examples and real solutions, this textbook illustrates how the driving forces that are currently promoting unsustainability can be refocused and redesigned to reverse course and improve the state of the world. This book is essential reading for those teaching and studying sustainable development and the critical roles of the economy, employment, and the environment.
Download or read book Economic Growth in the Regions of Europe written by Sascha Sardadvar and published by Springer Science & Business Media. This book was released on 2011-01-12 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although interest in spatial growth regressions has been growing in recent years, formal theoretical approaches that acknowledge the role of space in economic growth have been sparse. In particular in a regional context, the assumption of independent, non-interacting closed economies can lead to misinterpretations. This book fills the void by discussing neoclassical growth theory in a spatial context, in order to examine growth both theoretically and empirically in a system of N regional economies. A formal model is presented that allows for interregional fixed capital relocations, which are in turn determined by the economies’ relative locations in space. It is shown how initial endowments with human capital play a decisive role regarding the evolution of output, and how both convergence and divergence processes may occur. Using a spatial econometric model specification, the theoretical model is tested empirically for 255 European regions.
Download or read book The Economics of Innovation New Technologies and Structural Change written by Cristiano Antonelli and published by Routledge. This book was released on 2014-04-08 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ongoing process of revising and rethinking the foundations of economic theory leads to great complexities and contradictions at the heart of economics. ‘Economics of innovation’ provides a fertile challenge to standard economics, and one that can help it overcome its many criticisms. This authoritative book from Cristiano Antonelli provides a systematic account of recent advances in the economics of innovation. By integrating this account with the economics of technological change, this exceptional book elaborates an understanding of the effects of the introduction of new technologies. This excellent, comprehensive account from respected expert Antonelli will be much appreciated within the innovation economics community, yet it is also a book that should be read by all those with either a private or professional interest in economic theory.
Download or read book Local Economic and Employment Development LEED Local Governance and the Drivers of Growth written by OECD and published by OECD Publishing. This book was released on 2005-12-01 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation, skills, entrepreneurship and social cohesion are key drivers of growth. Each has a strong governance component, which is analysed in this OECD book.
Download or read book IMF Research Bulletin September 2012 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2012-09-21 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research summaries in the September 2012 issue of the IMF Research Bulletin are "Surges in Capital Flows: Why History Repeats Itself" (by Mahvash S. Qureshi) and "The LIC-BRIC Linkage: Growth Spillovers" (by Issouf Samake, Yongzheng Yang, and Catherine Pattillo). The Q&A covers "Seven Questions on Monetary Transmission in Low-Income Countries" (by Prachi Mishra and Peter Montiel). "Conversations with a Visiting Scholar" features an interview with IMF Fellow Olivier Coibion. Also included in this issue are details on the IMF Fellowship Program, visiting scholars at the IMF, a listing of recently published IMF Working Papers and Staff Discussion Notes, and an announcement on IMF Economic Review's first Impact Factor.
Download or read book Local Economies and Global Competitiveness written by B. Dallago and published by Springer. This book was released on 2010-12-10 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The globalized economy depends on local and context-specific factors. This edited volume addresses local-global nexuses via case studies of global interactions in developed and developing areas, and of particular firms' approaches to these issues. The chapters build up a prospectus on how best to create globally capable localities.
Download or read book The Practice of Industrial Policy written by John Page and published by Oxford University Press. This book was released on 2017 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines how African policy makers might develop better coordination between the public and private sectors to identify the constraints to faster structural transformation, and to design, implement, and monitor policies to remove them.
