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Manufacturing And Economic Development In The World For 2000-2015: Main Features And Challenges

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  • GUISAN, Maria-Carmen

Abstract

We analyze the evolution of manufacturing and non manufacturing activities in 132 countries for the period 2000-2015, including a summary based on 4 previous studies. For the period 2000-2010 we find that the average of real value-added of manufacturing per capita in Africa has been very low in both years, from 278 to 282 Dollars at 2005 prices and PPPs. The average of Asia has increased from 903 in year 2000 to 1443 in year 2010. The averages of America and the group of Europe and Eurasia have reached values higher than 3000 both in year 2000 and 2010, with a slight decrease for the period 2000-2010. We include the estimation of an econometric model to show the positive impact of manufacturing on non-manufacturing production and on economic development. The results, as well as other studies, are a strong support to the Kaldor´s perspective on the important role of industry on economic development. In order to reach the Social Development Goals (SDGs) of the United Nations, we think that it is important to increase the presence of this type of studies and economic policies related with World development in the televisions, newspapers and other social media, in order to foster international cooperation to the eradication of poverty and increase of quality of life.

Suggested Citation

  • GUISAN, Maria-Carmen, 2017. "Manufacturing And Economic Development In The World For 2000-2015: Main Features And Challenges," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 26(3), pages 73-88.
    • Handle: RePEc:sdo:regaec:v:26:y:2017:i:3_6
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    References listed on IDEAS

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    1. Guisan, M.Carmen & Exposito, Pilar, 2002. "Education, Industry, Trade and Development of African Countries in 1980-99," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 2(2), pages 85-107.
    2. Guisan, M.C., 2009. "Government Effectiveness, Education, Economic Development And Well-Being: Analysis Of European Countries In Comparison With The United States And Canada, 2000-2007," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(1).
    3. GUISAN, Carmen & Neira, Isabel, 2006. "Direct and Indirect Effects of Human Capital on World Development, 1960-2004," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 6(1), pages 17-34.
    4. John Page, 2011. "Should Africa Industrialize?," WIDER Working Paper Series wp-2011-047, World Institute for Development Economic Research (UNU-WIDER).
    5. Page, John, 2011. "Should Africa Industrialize?," WIDER Working Paper Series 047, World Institute for Development Economic Research (UNU-WIDER).
    6. Władysław Welfe, 2013. "Macroeconometric Models," Advanced Studies in Theoretical and Applied Econometrics, Springer, edition 127, number 978-3-642-34468-8.
    7. GUISAN, Maria-Carmen, 2017. "Manufacturing And Development In Countries And Areas Of Africa, 2000-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 17(2), pages 137-148.
    8. GUISAN, Maria-Carmen, 2011. "Industry, Fair Competition And Trade In Oecd Countries: Impact On Wages And On Employment By Sector, 2000-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 11(2).
    9. GUISAN, Maria-Carmen & CANCELO, Maria-Teresa, 2014. "Industry, Productivity And Development In 96 European Regions, 2005-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(1).
    10. Guisan, M.Carmen & Aguayo, Eva & Exposito, Pilar, 2001. "Economic growth and cycles: Cross-country models of education, industry and fertility and international comparisons," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(1), pages 9-37.
    11. André Hofman & Claudio Aravena & Jorge Friedman, 2017. "Sources of Productivity and Economic Growth in Latin America and the Caribbean, 1990-2013," International Productivity Monitor, Centre for the Study of Living Standards, vol. 33, pages 51-76, Fall.
    12. GUISAN, Maria-Carmen, 2008. "Manufacturing and Economic Development: Inter-sectoral relationships in Europe, America, Africa and Asia-Pacific, 1999-2006," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 8(2), pages 73-88.
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    Cited by:

    1. FLORES POLAN, María Gema & MACORRA, Luis Fernando de la, 2022. "Iberian Sectoral Characterisation And Dynamics 2001-2019," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 22(2), pages 45-66.
    2. GUISAN, Maria-Carmen, 2019. "World Development Report 2019: America," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 19(2), pages 99-110.
    3. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2021. "Industry, Education, Development And Quality Of Life In African Countries, 1995-2020," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(2), pages 53-76.
    4. Guzev, M.M. & Ledeneva, M.V. & Polkovnikov, A.A., 2020. "National Wealth Structure Of The Countries Of The World, 2000–2014, And Economic Development," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 20(2), pages 33-46.
    5. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2020. "Co2 Total Emissions In The World, 1970-2015: Relationship With Economic Development And Population Growth," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 20(1), pages 141-152.
    6. Tzu-Yi YANG & Iskandar ITAN, 2021. "Analysis Of Indonesian Industry Based On Stock Market," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 21(2), pages 41-68.
    7. AMAGHOUSS, Jabrane & IBOURK, Aomar, 2020. "Socio-Economic Determinants Of The Prevalence Of Disability In Morocco: Empirical Evidence From Spatial Data," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 20(2), pages 79-96.

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    More about this item

    Keywords

    World Development; Manufacturing; Industry; Africa; America; Asia-Pacific; Europe; Eurasia.;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • N62 - Economic History - - Manufacturing and Construction - - - U.S.; Canada: 1913-
    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-
    • N65 - Economic History - - Manufacturing and Construction - - - Asia including Middle East
    • N66 - Economic History - - Manufacturing and Construction - - - Latin America; Caribbean
    • N67 - Economic History - - Manufacturing and Construction - - - Africa; Oceania
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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