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Marshallian Externality, Industrial Upgrading, and Industrial Policies

A growth model with multiple industries is developed to study how industries evolve as capital accumulates endogenously when each industry exhibits Marshallian externality (increasing returns to scale) and to explain why industrial policies sometim...

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Bibliographic Details
Main Authors: Ju, Jiandong, Lin, Justin Yifu, Wang, Yong
Language:English
Published: 2012
Subjects:
COLLECTIVE ACTION
COMPARATIVE ADVANTAGE
COMPARATIVE ANALYSIS
COMPETITIVENESS
CONDITIONS
CONSUMERS
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DEVELOPMENT STRATEGIES
DEVELOPMENT STRATEGY
DISCOUNT RATE
DYNAMIC ANALYSES
ECONOMIC THEORY
EQUILIBRIA
EQUILIBRIUM
EXPORTS
EXTERNALITY
FREE MARKET ECONOMY
FUNCTIONAL FORMS
GDP
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDUSTRIAL DEVELOPMENT
INDUSTRIAL POLICIES
INDUSTRIAL POLICY
INDUSTRIALIZATION
INTERNATIONAL TRADE
MARGINAL PRODUCTIVITY
NASH EQUILIBRIUM
OPEN ACCESS
OPEN ECONOMY
PARETO EFFICIENCY
POLITICAL ECONOMY
PRODUCTION FUNCTION
PRODUCTIVITY GROWTH
RESOURCE ALLOCATION
STRUCTURAL CHANGE
UTILITY FUNCTION
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110913162136
http://hdl.handle.net/10986/3560

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110913162136
http://hdl.handle.net/10986/3560

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