Some stylized facts about deindustrialization in Europe

José Pontes

No 2019/88, Working Papers REM from ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa

Abstract: This paper highlights three main trends concerning the evoulution of the proportion of manufacturing in overall productive activity across European countries. Firstly, we are able to detect a non monotonic spatial pattern with deindustrialization prevailing both close to the European core and in remote areas. Secondly, industrialization appears to be faster in countries newly admitted to the European Union, whose trade costs with the European core are falling sharply. Finally, a specialization in high-tech, value added intensive sectors seems to prevent deindustrialization of core European countries but it has not the same effect on those which joined the European Union more recently.

Keywords: Manufacturing; Deindustrialization; Location (search for similar items in EconPapers)
JEL-codes: L6 O3 R3 (search for similar items in EconPapers)
Date: 2019-07
New Economics Papers: this item is included in nep-geo, nep-tid and nep-ure
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ise:remwps:wp0882019

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