Dynamic Efficiencies of Industrialization in LDCs: Some Empirical Tests

M. Shahid Alam ()

Working Paper from Economics Department, Queen's University

Abstract: The development literature has long argued that industrialization generates dynamic efficiencies which result in cost-reduction and acceleration in savings or investment. This paper presents results which suggest that the level of industrial activity, as well as the growth rate, contribute to substantial overall economy-wide gains in productivity.

Pages: 15 pages
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:611

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