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Torben K. Mideksa
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Given this result, it seems to me that structural transformation either through industrial policies or large negative shock in the traditional sector such as climate change is the key to developing countries growth.
More on manufacturing convergence
I have blogged before about a rather surprising result (to me at least) regarding productivity convergence in manufacturing. Despite the lack of convergence among economies as a whole, there is apparently quite strong convergence within manufacturing industries. What this means is that manufac...
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May 24, 2012
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