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Book Cover
Author Wang, Ping

Title Activation of a modern industry / Ping Wang and Danyang Xie
Published [Washington, D.C.] : International Monetary Fund, ©2002


Description 1 online resource (16 pages)
Series IMF working paper ; WP/02/15
IMF working paper ; WP/02/15.
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. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Industrialization -- Econometric models
Economic development -- Econometric models
Economic development -- Econometric models
Industrialization -- Econometric models
Form Electronic book
Author Xie, Danyang, 1964-
IMF Institute.
International Monetary Fund.
ISBN 1451891261