Since 2014
(DP 2017-08) Quality of Growth and Poverty Incidence in Low Income Countries: The Role of Manufacturing
UPSE Discussion Papers
View Archive Info| Field | Value | |
| Title |
(DP 2017-08) Quality of Growth and Poverty Incidence in Low Income Countries: The Role of Manufacturing
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| Creator |
Daway, Sarah Lynne S.
Ducanes, Geoffrey M. Fabella, Raul V. |
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| Subject |
quality of growth; low income countries; poverty incidence; industrial structure; manufacturing; services
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| Description |
There has been a growing conversation about the revival of Manufacturing to push back growing inequality and reduce poverty. We discuss the pathways by which a higher share of the Manufacturing sector in GDP may bring about lower poverty incidence while a higher share of Services may have the opposite effect. We first compare the poverty reduction experiences of the Philippines whose growth has been largely Services-led in the last two decades with that of China and Vietnam, whose growth have, for the most part, been Manufacturing-led. We then present evidence based on cross-country panel data for low income countries that the Manufacturing share in GDP exhibits a significant negative association with poverty incidence while the higher Services share exhibits a significant positive association with poverty incidence. Low income countries seeking more inclusive growth may do better if they privilege their Manufacturing sector over the Services sector.JEL Classification: O14, I3, O5
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| Publisher |
UPSE Discussion Papers
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| Contributor |
—
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| Date |
2017-12-13
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1511
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| Source |
UPSE Discussion Papers; 2017 Discussion Papers
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1511/990
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