Manufacturing growth accelerations in developing countries

Nobuya Haraguchi; Bruno Martorano; Marco Sanfilippo; Anirudh Shingal

doi:10.1111/rode.12621

Manufacturing growth accelerations in developing countries

Nobuya Haraguchi, Bruno Martorano^*, Marco Sanfilippo, Anirudh Shingal

^*Corresponding author for this work

Research output: Contribution to journal › Article › Academic › peer-review

Abstract

This paper investigates the factors driving manufacturing growth accelerations in a sample of 134 developing countries over the period 1970 to 2014. We first identify growth acceleration episodes of manufacturing value added by their year of initiation and according to a country's income classification. We then estimate a probit model to explain what factors predict these mva growth accelerations. Our results show that human capital and institutions represent contextual factors that favor the growth of manufacturing, together with macroeconomic policies related to investment, and openness to foreign trade and capital.

Original language	English
Pages (from-to)	1696-1724
Number of pages	29
Journal	Review of Development Economics
Volume	23
Issue number	4
Early online date	16 Sept 2019
DOIs	https://doi.org/10.1111/rode.12621
Publication status	Published - Nov 2019

Keywords

industrialization
growth
developing countries
INDUSTRIALIZATION

Access to Document

10.1111/rode.12621

Cite this

@article{7f7aed4548a045f2975fd2662e01c020,

title = "Manufacturing growth accelerations in developing countries",

abstract = "This paper investigates the factors driving manufacturing growth accelerations in a sample of 134 developing countries over the period 1970 to 2014. We first identify growth acceleration episodes of manufacturing value added by their year of initiation and according to a country's income classification. We then estimate a probit model to explain what factors predict these mva growth accelerations. Our results show that human capital and institutions represent contextual factors that favor the growth of manufacturing, together with macroeconomic policies related to investment, and openness to foreign trade and capital.",

keywords = "industrialization, growth, developing countries, INDUSTRIALIZATION",

author = "Nobuya Haraguchi and Bruno Martorano and Marco Sanfilippo and Anirudh Shingal",

note = "Funding Information: Funding information We acknowledge financial support by the Government of Japan through the Development Cooperation Trust Fund. We would like to thank the Editor, Andy McKay, and one anonymous referee for their comments. We are also grateful to Alison Cathles for making available data for vocational secondary schooling. We acknowledge financial support by the Government of Japan through the Development Cooperation Trust Fund. The views expressed here are those of the authors and do not reflect the views of the United Nations Industrial Development Organization. Publisher Copyright: {\textcopyright} 2019 John Wiley & Sons Ltd",

year = "2019",

month = nov,

doi = "10.1111/rode.12621",

language = "English",

volume = "23",

pages = "1696--1724",

journal = "Review of Development Economics",

issn = "1363-6669",

publisher = "Wiley",

number = "4",

}

TY - JOUR

T1 - Manufacturing growth accelerations in developing countries

AU - Haraguchi, Nobuya

AU - Martorano, Bruno

AU - Sanfilippo, Marco

AU - Shingal, Anirudh

N1 - Funding Information: Funding information We acknowledge financial support by the Government of Japan through the Development Cooperation Trust Fund. We would like to thank the Editor, Andy McKay, and one anonymous referee for their comments. We are also grateful to Alison Cathles for making available data for vocational secondary schooling. We acknowledge financial support by the Government of Japan through the Development Cooperation Trust Fund. The views expressed here are those of the authors and do not reflect the views of the United Nations Industrial Development Organization. Publisher Copyright: © 2019 John Wiley & Sons Ltd

PY - 2019/11

Y1 - 2019/11

N2 - This paper investigates the factors driving manufacturing growth accelerations in a sample of 134 developing countries over the period 1970 to 2014. We first identify growth acceleration episodes of manufacturing value added by their year of initiation and according to a country's income classification. We then estimate a probit model to explain what factors predict these mva growth accelerations. Our results show that human capital and institutions represent contextual factors that favor the growth of manufacturing, together with macroeconomic policies related to investment, and openness to foreign trade and capital.

AB - This paper investigates the factors driving manufacturing growth accelerations in a sample of 134 developing countries over the period 1970 to 2014. We first identify growth acceleration episodes of manufacturing value added by their year of initiation and according to a country's income classification. We then estimate a probit model to explain what factors predict these mva growth accelerations. Our results show that human capital and institutions represent contextual factors that favor the growth of manufacturing, together with macroeconomic policies related to investment, and openness to foreign trade and capital.

KW - industrialization

KW - growth

KW - developing countries

KW - INDUSTRIALIZATION

U2 - 10.1111/rode.12621

DO - 10.1111/rode.12621

M3 - Article

SN - 1363-6669

VL - 23

SP - 1696

EP - 1724

JO - Review of Development Economics

JF - Review of Development Economics

IS - 4

ER -