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来源类型Working Paper
规范类型报告
DOI10.3386/w29483
来源IDWorking Paper 29483
Deindustrialization and Industry Polarization
Michael Sposi; Kei-Mu Yi; Jing Zhang
发表日期2021-11-15
出版年2021
语种英语
摘要We add to recent evidence on deindustrialization and document a new pattern: increasing industry polarization over time. We assess whether these new features of structural change can be explained by a dynamic open economy model with two primary driving forces, sector-biased productivity growth and sectoral trade integration. We calibrate the model to the same countries used to document our patterns. We find that sector-biased productivity growth is important for deindustrialization by reducing the relative price of manufacturing to services, and sectoral trade integration is important for industry polarization through increased specialization. The interaction of these two driving forces is also essential.
主题International Economics ; Trade ; International Macroeconomics ; Development and Growth ; Development ; Growth and Productivity
URLhttps://www.nber.org/papers/w29483
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/587157
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GB/T 7714
Michael Sposi,Kei-Mu Yi,Jing Zhang. Deindustrialization and Industry Polarization. 2021.
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