Manufacturing as an engine of growth
| Autor: | John Weiss, Hossein Jalilian |
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| Rok vydání: | 2015 |
| Předmět: | |
| Zdroj: | Routledge Handbook of Industry and Development ISBN: 9780203387061 |
| DOI: | 10.4324/9780203387061-9 |
| Popis: | Introduction There is a long tradition in economics which argues that manufacturing industry has a critical role in growth, particularly at relatively low income per capita. Several features of the sector have been highlighted to justify this focus:• Output per worker (productivity) is normally considerably higher than in agriculture or services (although not in mining) so that structural change in favour of manufacturing raises the overall productivity of an economy. |
| Databáze: | OpenAIRE |
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