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Premature deindustrialization and income inequality in middle-income countries

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  • Rekha Ravindran
  • Suresh Babu M

Abstract

This paper examines the income inequality implications of a 'premature deindustrialization' trend in middle-income countries. To identify the premature deindustrialization phase, we arrive at five conditions based on the trends in employment and value-added share of manufacture. Among these five conditions, the first and second examine the deindustrialization pattern in economies. The last three classify the identified deindustrialization phase as premature or not.

Suggested Citation

  • Rekha Ravindran & Suresh Babu M, 2021. "Premature deindustrialization and income inequality in middle-income countries," WIDER Working Paper Series wp-2021-8, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2021-8
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2021-8-premature-deindustrialization-income-inequality.pdf
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    References listed on IDEAS

    as
    1. Cinar Baymul & Kunal Sen, 2020. "Was Kuznets Right? New Evidence on the Relationship between Structural Transformation and Inequality," Journal of Development Studies, Taylor & Francis Journals, vol. 56(9), pages 1643-1662, July.
    2. Fiona Tregenna, 2009. "Characterising deindustrialisation: An analysis of changes in manufacturing employment and output internationally," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(3), pages 433-466, May.
    3. Florence Jaumotte & Subir Lall & Chris Papageorgiou, 2013. "Rising Income Inequality: Technology, or Trade and Financial Globalization?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 61(2), pages 271-309, June.
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    Cited by:

    1. Taguchi, Hiroyuki, 2022. "Premature Deindustrialization Risk: The Case of Thailand," MPRA Paper 113560, University Library of Munich, Germany.
    2. Taguchi, Hiroyuki, 2022. "Risk of premature deindustrialization: the case of the latecomer’s developing countries in Asia," MPRA Paper 113551, University Library of Munich, Germany.
    3. Lar, Ni & Taguchi, Hiroyuki, 2023. "Premature deindustrialization or reindustrialization: The case of China’s latecomer provinces," MPRA Paper 118423, University Library of Munich, Germany.

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