Industrial structure, appropriate technology and economic growth in less developed countries

"The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive over time. Application of the basic model to...

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Bibliographic Details
Main Author: Lin, Justin Yifu
Corporate Author: World Bank
Other Authors: Zhang, Pengfei
Format: eBook
Language:English
Published: [Washington, D.C] World Bank 2009
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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100 1 |a Lin, Justin Yifu 
245 0 0 |a Industrial structure, appropriate technology and economic growth in less developed countries  |h Elektronische Ressource  |c Justin Yifu Lin, Pengfei Zhang 
260 |a [Washington, D.C]  |b World Bank  |c 2009 
653 |a Appropriate technology / Developing countries 
653 |a Technological innovations / Developing countries 
700 1 |a Zhang, Pengfei 
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500 |a Includes bibliographical references. - Title from PDF file as viewed on 5/7/2009 
028 5 0 |a 10.1596/1813-9450-4905 
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082 0 |a 330 
520 |a "The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive over time. Application of the basic model to less developed economies shows that the (optimal) industrial structure and the (most) appropriate technologies in less developed economies are endogenously determined by their factor endowments. A firm in a less developed country that enters a capital-intensive, advanced industry in a developed country would be nonviable owing to the relative scarcity of capital in the factor endowments of less developed countries. "--World Bank web site