Changing Productive Relations, Linkage Effects, and Industrialization

• Published in: Economic systems research Vol. 27; no. 3; pp. 374 - 390
• Main Author: Harada, Tsutomu
• Format: Journal Article
• Language: English
• Published: Abingdon Routledge 03.07.2015; Taylor & Francis Ltd
• Subjects: Backward linkages; Economic growth; Economic models; Forward linkages; GPT sectors; Industrial development; Poverty trap; Productive relations; Productivity; Sector-specific policies; Specialization; Studies

This paper develops a multi-sector endogenous innovation model that is able to take changing productive relations among sectors into account. It is shown that while productivity and demand shocks do not induce any changes in productive relations and linkage effects, shocks in the productivity of R&a...