| Description |
1 online resource (16 pages) |
| Series |
IMF working paper ; WP/02/15 |
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IMF working paper ; WP/02/15.
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| Summary |
This paper constructs an integrated framework to disentangle the underlying economic mechanism of industrial transformation. We consider three essential elements for the analysis: skill requirements, industry-wide spillovers, and degrees of consumption subsistence. We find that human and nonhuman resources, production factor matching, and industrial coordination are all important for activating a modern industry. In the process of industrial transformation, job destruction may exceed job creation, and income distribution may get worse immediately following the activation of a modern industry. An array of policy prescriptions for advancing a poor country is provided |
| Bibliography |
Includes bibliographical references (pages 15-16) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Industrialization -- Econometric models
|
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Economic development -- Econometric models
|
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Economic development -- Econometric models
|
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Industrialization -- Econometric models
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| Form |
Electronic book
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| Author |
Xie, Danyang, 1964-
|
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IMF Institute.
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International Monetary Fund.
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| ISBN |
1451891261 |
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9781451891263 |
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1281604321 |
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9781281604323 |
|
