Industrialisation as an engine of growth in developing countries, 1950-2005

By Adam Szirmai. 2012

155 citations recorded by the source corpus.

This paper examines the emergence of manufacturing in developing countries in the period 1950–2005. It presents new data on structural change in a sample of 67 developing countries and 21 advanced economies. The paper examines the theoretical and empirical evidence for the proposition that industrialisation acts as an engine of growth in developing countries and attempts to quantify different aspects of this debate. The statistical evidence is not completely straightforward. Manufacturing has been important for growth in developing countries, but not all expectations of the ‘engine of growth hypothesis’ are borne out by the data. The more general historical evidence provides more support for the industrialisation thesis.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/35559a275e3921082ee3cdbf5096446ccfefa73a

Citations in the corpus

• Domestic structures, foreign economic policies and global economic order: Implications from the rise of large emerging economies (2015, unknown): “They profit from existing technology and the transfer of innovation through trade and FDI, mainly from industrialised countries (Goedhuys and Veugelers, 2012: 517; Szirmai, 2012: 407).”
• Manufacturing as the key engine of economic growth for middle-income economies (2017, unknown): “The unique characteristics of the manufacturing sector can be interpreted in many ways: rapid technological changes, economies of scale, and easy integration into global production networks (Lavopa and Szirmai 2014; Szirmai 2012).”