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Accumulation of Capabilities, Structural Change, and Macro Prices: an Evolutionary and Structuralist Roadmap

In: The Industrial Policy Revolution II

Author

Listed:
  • Mario Cimoli

    (ECLAC)

  • Gabriel Porcile

    (ECLAC)

Abstract

Both economic history and economic theory generally acknowledge a deep relationship between technical change and economic development. It is quite intuitive that improvements in the efficiency of production techniques or in product performances may be a determinant or at least a condition for growth in productivity and industrialization. The opening of the technological black box has often gone hand in hand with important insights on how learning and technological capabilities develop in less developed economies. Studies on the sources, mechanisms, and patterns of learning and its microeconomic impact on productivity growth have flourished over the last four decades.

Suggested Citation

  • Mario Cimoli & Gabriel Porcile, 2013. "Accumulation of Capabilities, Structural Change, and Macro Prices: an Evolutionary and Structuralist Roadmap," International Economic Association Series, in: Joseph E. Stiglitz & Justin Lin Yifu & Ebrahim Patel (ed.), The Industrial Policy Revolution II, chapter 2, pages 73-113, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-137-33523-4_4
    DOI: 10.1057/9781137335234_4
    as

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    Cited by:

    1. Tran, Thi Anh-Dao & Phi, Minh Hong & Thai, Long, 2020. "Global value chains and the missing link between exchange rates and export diversification," International Economics, Elsevier, vol. 164(C), pages 194-205.
    2. Thi Anh-Dao Tran & Minh Hong Phi & Long Thai, 2020. "Global value chains and the missing link between exchange rates and export diversification," Post-Print halshs-02972341, HAL.

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