Sectoral Specialisation and Growth Rate Differences Among Integrated Economies

André Lorentz

LEM Papers Series from Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy

Abstract: This paper addresses the question of sectoral specialisation mechanisms and effects on growth rate differences providing an alternative approach to endogenous growth processes. The framework we choose draws on the Kaldorian cumulative causation approach to growth and the evolutionary modelling of technical change and industrial dynamics.The framework developed in the paper is used to consider the following issues: First, the paper addresses the question of sectoral specialisation as an emergent property of the dynamics generated by the model, focusing on the mechanisms leading to and sustaining specialisation patterns. These mechanisms are linked to technology but also demand. Second, the paper investigates the relationship between specialisation patterns and growth rate differences among economies. Specialisation can lead to increases in growth rate differences among economies. We then try to sort out the mechanisms inducing this pattern.

Keywords: Sectoral Specialisation; Economic Growth; Endogenous Technical Change (search for similar items in EconPapers)
Date: 2004-03-15
New Economics Papers: this item is included in nep-dev
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Sectoral Specialisation and Growth Rate Differences Among Integrated Economies (2008)
Working Paper: Sectoral Specialisation and Growth Rate DIfferences Among Integrated Economies (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:ssa:lemwps:2004/06

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