TY - BOOK ID - 84540421 TI - Growth, Trade, and Deindustrialization AU - Ramaswamy, Ramana. AU - Rowthorn, Bob. PY - 1998 SN - 1462322778 1451993528 1281602264 9786613782953 145189483X PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Labor KW - Macroeconomics KW - Industries: Manufacturing KW - Production and Operations Management KW - Industry Studies: Manufacturing: General KW - Employment KW - Unemployment KW - Wages KW - Intergenerational Income Distribution KW - Aggregate Human Capital KW - Aggregate Labor Productivity KW - Macroeconomics: Production KW - Personal Income, Wealth, and Their Distributions KW - Human Capital KW - Skills KW - Occupational Choice KW - Labor Productivity KW - Manufacturing industries KW - Labour KW - income economics KW - Manufacturing KW - Productivity KW - Personal income KW - Labor productivity KW - Economic sectors KW - Production KW - National accounts KW - Economic theory KW - Industrial productivity KW - Income KW - Japan KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:84540421 AB - This paper shows that deindustrialization is explained primarily by trends internal to the advanced economies. These include the combined effects on manufacturing employment of a relatively faster growth of productivity in manufacturing, the associated relative price changes, and shifts in the structure of demand between manufactures and services. North-South trade explains less than one fifth of deindustrialization in the advanced economies. Moreover, the contribution of North-South trade to deindustrialization has been mainly through its effects in stimulating labor productivity in Northern manufacturing. It has had little enduring effect on total manufacturing output in the advanced economies. ER -