Despite the widely recognised importance of the manufacturing industry for successful development few studies investigate this sector in cross-country analysis. We fill this gap in the literature by analysing manufacturing production across a large number of developing and developed economies....

The labour productivity differentials between manufacturing firms in Ghana and South Korea exceed those implied by macro analysis.  Median value-added per employee is nearly 40 times higher in South Korea than Ghana.  The most important single factor in explaining this difference is the...

In this paper we ask how technological differences in manufacturing across countries can best be modeled when using a standard production function approach.  We show that it is important to allow for differences in technology as measured by differences in parameters.  Of similar importance are...

This study provides statistical evidence that Russian rural/urban wages diverged substantially during the industrialization of Russia in the late nineteenth century. However, over time both the variation declined and integration somewhat increased as rural labour responded to new opportunities....

This paper investigates structural change in Argentina between 1900 and 1973.  It has been argued that trade policy under import-substituting industrialization disfavoured agriculture and led to a "technological lag" in the sector, and that this explains agriculture's relative decline during a...

The decline in the importance of tradeable goods production in providing employment has continued in the past decade; distribution, public services and business and financial services all provide more jobs than tradeable goods. Manufacturing output has stagnated under New Labour despite rapid growth...

This paper presents an industry equilibrium model of vertical integration under contractual imperfections with specific input suppliers and external investors.  I assume that vertical integration economizes on the needs for contracts with specific input suppliers at the cost of higher fixed...

Using a newly constructed data set, we compare sources of funds and investment strategies of venture capital (VC) funds in Germany, Israel, Japan and the UK. Sources of VC funds differ significantly across countries, e.g. banks are particularly important in Germany, corporations in Israel,...

Increasingly, development projects list social capital development and network brokerage among their objectives.  How do we quantitatively evaluate such initiatives?  Best practice, diff-in-diff methods may be impossible or too costly.  Here, we try using data that are byproducts of the...

Chinese economic growth has been spectacular in the last 30 years.  We investigate the role of International Joint Ventures with Technology Transfer agreements, an understudied area.  Technology transfer is the traditional mechanism for developing countries to "catch up" and has been a key...