posted on 2024-09-05, 22:29authored byTrudy Owens, Adrian Wood
Recent research suggests that East Asia's manufactured export success is
not replicable in other developing countries, with lower skill/land ratios.
This conclusion, however, is based on a narrow definition of manufactured
exports. The present paper asks whether the chances of export-oriented
industrialisation in countries with low skill/land ratios seem better when
the definition of manufactures is broadened to include processed primary
products. The answer from its cross-country econometric analysis is "yes"
for countries with moderately skilled labour forces (as in Latin America),
but "no” for countries where levels of skill are low (as in Africa).
History
Publisher
IDS
Citation
Owens, T. & A. Wood (1995) Export-oriented Industrialisation Through Primary Processing? Working Paper Series, 19. Brighton: IDS.