| dc.contributor.author | Wang, Ping | |
| dc.contributor.author | Xie, Danyang | |
| dc.date.accessioned | 2020-09-13T19:45:50Z | |
| dc.date.available | 2020-09-13T19:45:50Z | |
| dc.date.issued | 2001 | |
| dc.identifier.uri | http://hdl.handle.net/1803/15697 | |
| dc.description.abstract | This paper constructs an integrated framework to disentangle the underlying economic mechanism of industrial transformation. We consider three essential elements for the analysis: skill requirements, industry wide spillovers and degrees of consumption subsistence. We find that human and nonhuman resources, production factor matching and industrial coordination are all important for activating a modern industry. In the process of industrial transformation, job destruction may exceed job creation, and income distribution may get worse immediately following the activation of a modern industry. An array of policy prescriptions for advancing a poor country are provided. | |
| dc.language.iso | en_US | |
| dc.publisher | Vanderbilt University | en |
| dc.subject | JEL Classification Number: D24, O14, D33. | |
| dc.subject.other | | |
| dc.title | Activation of a Modern Industry | |
| dc.type | Working Paper | en |
| dc.description.department | Economics | |
