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Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

Postal Subscription Code 80-978

Front. Econ. China    2017, Vol. 12 Issue (1) : 1-6    https://doi.org/10.3868/s060-006-017-0001-9
Orginal Article |
Premature Deindustrialisation in the Developing World
Dani Rodrik()
Ford Foundation Professor of International Political Economy, Harvard University, Cambridge, MA 02138, USA; and CEPR Research Fellow
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Abstract

As developed economies have substituted away from manufacturing towards services, so too have developing countries—to an even greater extent. Such sectoral change may be premature for economies that never fully industrialised in the first place. This article presents evidence that countries with smaller manufacturing sectors substitute away from manufacturing to a larger extent, suggesting a trade channel through which falling international relative prices of manufacturing lead price-taking developing economies to substitute accordingly.

Keywords deindustrialization      developing countries      trade      globalisaton     
Issue Date: 27 April 2017
 Cite this article:   
Dani Rodrik. Premature Deindustrialisation in the Developing World[J]. Front. Econ. China, 2017, 12(1): 1-6.
 URL:  
http://academic.hep.com.cn/fec/EN/10.3868/s060-006-017-0001-9
http://academic.hep.com.cn/fec/EN/Y2017/V12/I1/1
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