RT Journal Article
T1 Services in Developing Economies: The Deindustrialization Debate in Perspective
A1 Di Meglio Berg, Gisela Amanda
A1 Gallego, Jorge
A1 Maroto, Andrés
A1 Savona, María
AB This study contributes to the debate on the premature deindustrialization of developing countries by analysing the contribution of services to aggregate productivity and output growth within a Kaldorian framework. The article revisits Kaldor’s Growth Laws and empirically tests them for a number of economic activities, including four service branches across 29 developing economies in Asia, Latin America and sub-Saharan Africa over three decades (1975–2005). Panel data estimations are complemented by a shiftshare decomposition of labour productivity growth. The findings support the Kaldorian argument for both manufacturing and business services’ contribution to aggregate productivity growth. Conversely, other services slow down aggregate productivity and output growth. The authors suggest qualifying and repositioning the debate on premature deindustrialization within a broader reflection on the opportunities for development linked to structural change. The analysis claims that these opportunities might include not only manufacturing sectors, but also business services.
PB Wiley-Blackwell
SN 0012-155X
YR 2018
FD 2018
LK https://hdl.handle.net/20.500.14352/19056
UL https://hdl.handle.net/20.500.14352/19056
LA eng
NO Unión Europea. Horizonte 2020
NO Fundación Ramón Areces
DS Docta Complutense
RD 23 abr 2025