The Role of Interindustry Integration in Economic Growth: Theoretical and Strategic Implications

Z. A. Mamed’yarov ()
Additional contact information
Z. A. Mamed’yarov: Primakov Institute of World Economy and International Relations, Russian Academy of Sciences

Studies on Russian Economic Development, 2021, vol. 32, issue 6, 656-661

Abstract: Abstract This article is a continuation of the paper “The Uneven Development Paradox of the High-Tech Sector Amid Comparable Economic Growth in the EU and the United States” published in the previous issue of the journal, and it examines the theoretical and strategic implications of the previously obtained results. These results show that the role of integration of traditional industries in Europe is underestimated: economic growth is stimulated not only by (high-tech) industry specialization, but also by the integration of (traditional) industries. The data obtained are placed in the context of the theory of varieties of capitalism by Hall and Soskice. Particular attention is paid to the problem of high-tech development of the EU; it has been established that the high-tech industry of the EU produces products that are less attractive to traditional industries and consumers in the EU than abroad.

Keywords: high-tech industries; innovative development; input–output; industry specialization; innovation (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1134/S1075700721060101 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sorede:v:32:y:2021:i:6:d:10.1134_s1075700721060101

Ordering information: This journal article can be ordered from
https://www.springer ... nomics/journal/11507

DOI: 10.1134/S1075700721060101

Access Statistics for this article

Studies on Russian Economic Development is currently edited by Viktor V. Ivanter, Dmitrii B. Kuvalin and Galina A. Yaremenko

More articles in Studies on Russian Economic Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().