Manufacturing Productivity, Deindustrialization, and Reindustrialization

No wp-2011-057, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: In considering pathways to industrialization in the twenty-first century, cognisance needs to be taken of the fact that many countries have actually been deindustrializing. This paper analyses deindustrialization experiences internationally, by decomposing changes in the level and share of manufacturing employment. The results indicate that in most countries the decline in manufacturing employment is associated mainly with rising labour productivity in manufacturing. Reindustrialization is likely to be important for long-term economic growth, yet it is difficult and is not common.

Keywords: Industrial policy; Industrialization; Labour productivity; Manufacturing industries (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (44)

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