Growth of Industrial Sectors: Theoretical Insights and Empirical Evidence from U.S. Manufacturing

The authors study the growth rates of 4-digit sectors in U.S. manufacturing. Two measures of size (value of shipments, value added) are considered, for each of the 38 years (1959-1996) of a sample of 458 4-digit sectors, drawn from the NBER Manufacturing Productivity database.

Hierarchical Structure in Brazilian Industrial Firms: An Econometric Study

The paper investigates different implications of theoretical models for hierarchical structure. A sample of 6567 firms in the Brazilian manufacturing industry is considered and explanatory factors pertaining structural characteristics, network technology, technological innovations, managerial innovations and incentive mechanisms are investigated.

Backward and Forward Linkages, Specialization and
Concentration in Finnish Manufacturing in the Period 1995-1999

This study focuses on industrial concentration and regional specialization in Finland in the late 1990s. Results show increasing specialization and at least for some industries in-creased geographical concentration. Thus, there was no single process driving all industries in the same direction.

Machines as Engines of Growth

This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks. The model shows that industrialization and growth take off only if the economy is productive enough. It also shows that monopoly power can stifle growth, as it lowers wages.

Indias Patterns of Development: What Happened, What Follows

While the emphasis on services rather than manufacturing has been widely noted, within manufacturing India has emphasized skill-intensive rather than labor-intensive manufacturing, and industries with typically higher average scale, according to the authors. They show that some of these distinctive patterns existed even prior to the beginning of economic reforms in the 1980s, and argue they stem from the idiosyncratic policies adopted soon after Indias independence.

Identifying Externalities in UK Manufacturing Using Direct Estimation of an Average Cost Function

The authors test for the presence of externalities in UK manufacturing industry, seeking to identify the channels through which they operate. Using survey data on average variable cost available by industry, they estimate a translog cost function, storing the coefficients on time dummies for a second stage regression in which measures of external activity are entered to capture omitted spillover effects.