Why did some countries catch-up, while others got stuck in the middle? Stages of productive sophistication and smart industrial policies
Sign Up to like & getrecommendations! Published in 2021 at "Structural Change and Economic Dynamics"
DOI: 10.1016/j.strueco.2021.04.007
Abstract: Abstract Development studies on the middle-income trap have highlighted the challenges for developing economies to transform their productive systems from simple towards high value-added activities. Here, we use trade data of 116 countries to quantify… read more here.
Keywords: industrial policies; stages productive; productive sophistication; smart industrial ... See more keywords