Structural Transformation and the Sophistication of Production
By Nicola Spatafora, R. Anand, Saurabh Mishra. Social Science Research Network, 2012
161 citations recorded by the source corpus.
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a catalyst for broad-based economic growth, rather than turning into isolated enclaves, when the economy is liberalized, the exchange rate is not overvalued, and there are good information flows. An educated workforce, external liberalization, and good information flows are important prerequisites for developing sophisticated goods and services. An appropriate macroeconomic policy is particularly important for goods, skilled labor and good information flows for services.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/e48f10bf36657433b162c6d7479b99a149986581
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In Economics and Econometrics
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Citations in the corpus
- Environmental Degradation, ICT and Inclusive Development in Sub-Saharan Africa (2017, background): “This is essentially because they create favourable conditions for unemployment reduction and social mobility (Mishra et al., 2011; Anand et al., 2012; Seneviratne & Sun, 2013; Mlachila et al., 2014).”
- Can Developing Countries Gain from Defying Comparative Advantage? Distance to Comparative Advantage, Export Diversification and Sophistication, and the Dynamics of Specialization (2018, background): “The manufacturing share of value added is a very general indicator of the sophistication level of a country’s whole productive structure, including non-trade sectors and industries (Anand et al, 2012).”
- Educational quality thresholds in the diffusion of knowledge with mobile phones for inclusive human development in sub-Saharan Africa (2018, unknown): “These variables have been substantially documented in the inclusive growth/development literature to exert a positive impact on inclusiveness (see Mlachila et al., 2014; Seneviratne & Sun, 2013; Anand et al., 2012; Mishra et al., 2011).”