On the Middle Income Trap, the Industrialization Process and Appropriate Industrial Policy

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dc.contributor.authorYülek, Murat Ali
dc.date.accessioned2020-11-21T15:54:09Z
dc.date.available2020-11-21T15:54:09Z
dc.date.issued2017en_US
dc.departmentİstanbul Ticaret Üniversitesien_US
dc.description.abstractIn the 1960s, Kaldor defined the manufacturing sector as the engine of growth, suggesting that industrialization might help accelerate growth rates in low income economies. This is still relevant in today’s world, where growth rates in countries in the middle income trap slow down, extending their time in the trap. In some of these economies, industrialization slows down while others face “premature deindustrialization.” Adding to this scenario, this paper describes, in Kaldorian fashion, the streamlined features of industrialization, technical capabilities and technical progress, which offer explanations as to why sectoral industrial policies are necessary in releasing countries from the trap. It presents a taxonomy of industrial policies and discusses how industrial policy and science, technology and innovation policies should be sequenced along the process of industrialization. Finally, the paper develops a methodology to identify the “strategic” sectors on which industrial policy could focus. © 2016, Springer Science+Business Media New York.en_US
dc.identifier.doi10.1007/s10842-016-0237-9en_US
dc.identifier.endpage348en_US
dc.identifier.issn1566-1679
dc.identifier.issue3en_US
dc.identifier.scopus2-s2.0-85001754680en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage325en_US
dc.identifier.urihttps://doi.org/10.1007/s10842-016-0237-9
dc.identifier.urihttps://hdl.handle.net/11467/3771
dc.identifier.volume17en_US
dc.identifier.wosWOS:000413906200005en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringer New York LLCen_US
dc.relation.ispartofJournal of Industry, Competition and Tradeen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectIndustrial layeren_US
dc.subjectIndustrial layeren_US
dc.subjectIndustrial policyen_US
dc.subjectLearning curveen_US
dc.subjectLinkagesen_US
dc.subjectMiddle income trapen_US
dc.subjectScience, technology and innovation policiesen_US
dc.subjectStrategic sectoren_US
dc.subjectTechnical capabilitiesen_US
dc.subjectTechnological depthen_US
dc.subjectValue addeden_US
dc.titleOn the Middle Income Trap, the Industrialization Process and Appropriate Industrial Policyen_US
dc.typeArticleen_US

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