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Factor endowment, structural coherence, and economic growth /
This paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the degree that a country's industrial structure optimally reflects its factor endowment fundamentals. The paper found that at least for the overall capital, the shares of capital...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
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| Colección: | IMF working paper ;
WP/12/165. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the degree that a country's industrial structure optimally reflects its factor endowment fundamentals. The paper found that at least for the overall capital, the shares of capital intensive industries were significantly bigger with higher initial capital endowment and faster capital accumulation. Moreover, there is a positive relationship between a country's aggregate output growth and the degree of structural coherence. Quantitatively, the structural coherence with respect to the overall capital explains about 30% of the growth differential among sample countries. |
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| Notas: | Title from PDF title page (IMF Web site, viewed June 8, 2012). |
| Descripción Física: | 1 online resource (42 pages) |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 9781475530704 1475530706 1475505132 9781475505139 1475596308 9781475596304 1475592361 9781475592368 |