 IndustrialisationKeith Griffin
Chapter Chapter 5 in Alternative Strategies for Economic Development, 1999, pp 100-131 from Palgrave Macmillan Abstract: Abstract It is a common observation that rich countries tend to be industrialised. Colin Clark noted nearly half a century ago that as aggregate growth proceeds the share of output and employment in agriculture falls while the share of output and employment in industry (and in services) rises1. A quarter of a century later Simon Kuznets refined this observation by detecting broad regularities in the sectoral composition of output and employment and the level of per capita income2. Using data from the developed countries Kuznets claimed that as income per head rose, the contribution of agriculture to total output declined in a predictable way, while the contribution of services remained roughly constant and the contribution of manufacturing rose. Looked at in terms of employment, Kuznets’ data indicated that as per capita income rose, the proportion of the labour force engaged in agriculture fell while the proportions engaged in services and manufacturing increased, although the rise in manufacturing was not as pronounced as in services. Keywords: Consumer Good; Capital Good; Total Export; Industrial Output; Import Substitution (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59991-8_5 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.