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Dynamic Efficiencies of Industrialization and Economic Growth: An Aggregative Approach

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We test the structuralist hypothesis that industrialization is growth enhancing due to inherent dynamic efficiences of externalities. We used four data sets ranging over different country samples and in all cases found industry’s contribution to economic growth significantly exceeded its share in GDP. Furthermore, we found our estimates to be robust in each case.

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  • Khan, Shahrukh R. & Bilginsoy, Cihan & Alam, M. Shahid, 1997. "Dynamic Efficiencies of Industrialization and Economic Growth: An Aggregative Approach," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 50(1), pages 85-98.
    • Handle: RePEc:ris:ecoint:0347
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    Cited by:

    1. Shahrukh Rafi Khan & Shaheen Rafi Khan, 1996. "Structural Adjustment, Industrialisation, and Export Promotion," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 35(4), pages 467-480.

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