Working Paper: CEPR ID: DP9060
Authors: Agustín Bértola; Kevin H. O'Rourke; Jeffrey G. Williamson
Abstract: This paper documents industrial output growth around the poor periphery (Latin America, the European periphery, the Middle East and North Africa, Asia, and sub-Saharan Africa) between 1870 and 2007. We find that although the roots of rapid peripheral industrialization stretch into the late 19th century, the high point of peripheral industrialization was the 1950-1973 period, which saw widespread import-substituting industrialization. This period was also the high point of unconditional industrial catching up, defined as the tendency of less industrialized countries to post higher per capita manufacturing growth rates, and which occurred between 1920 and 1990.
Keywords: history; third world; industrialization
JEL Codes: F1; N7; O2
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| early globalization (F60) | industrial growth in developing regions (O25) |
| period from 1950 to 1973 (E64) | surge in manufacturing output (L69) |
| lower initial industrial output levels (L69) | higher growth rates (O49) |