Dynamic Efficiencies of Industrialization and Economic Growth: An Aggregative Approach

Shahrukh R. Khan, Cihan Bilginsoy () and M. Shahid Alam ()
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Shahrukh R. Khan: Sustainable Development Policy Institute, Postal: 20, Hill Road, F-6/3, Islamabad, Pakistan, http://www.sdpi.org/

Economia Internazionale / International Economics, 1997, vol. 50, issue 1, pages 85-98

Abstract: We test the structuralist hypothesis that industrialization is growth enhancing due to inherent dynamic efficiences of externalities. We used four data sets ranging over different country samples and in all cases found industry’s contribution to economic growth significantly exceeded its share in GDP. Furthermore, we found our estimates to be robust in each case.

Date: 1997

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Persistent link: http://EconPapers.repec.org/RePEc:ris:ecoint:0347

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