Variation in structural change around the world, 1985-2015: Patterns, causes and implications

Adrian Wood

No wp-2017-34, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: During 1985-2015, globalization intensified the factor-endowment-related pattern of sectoral specialization. In skill-abundant developed countries, manufacturing became more skill-intensive. In land-scarce developing East Asia, labour-intensive manufacturing expanded, especially in China. In land-abundant developing regions, however, manufacturing stagnated or declined, while in land-scarce South Asia manufacturing was held back by low literacy and weak infrastructure.

Keywords: Structural change; Industrialization; Globalization; Factor endowments; World economy (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (8)

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