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A manufacturing renaissance? Industrialization trends in the developing world

Hagen Kruse, Emmanuel Mensah, Kunal Sen and Gaaitzen de Vries

No wp-2021-28, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper examines industrialization trends in developing countries. It uses the GGDC/UNU-WIDER Economic Transformation Database, which provides time series of employment and real and nominal value added annually by 12 sectors in 51 countries for the period 1990-2018. Until the early 2000s de-industrialization was widespread, but then the trend reversed. Regressions that control for income and demographic trends suggest significant employment industrialization in developing Asia and sub-Saharan Africa. We explore the nature of this manufacturing renaissance.

Keywords: Industrialization; Economic Transformation Database; Manufacturing (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-isf
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Citations: View citations in EconPapers (13)

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