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Manufacturing and De-industrialization

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Abstract

Industries in advanced countries have expanded and contracted in response to changes in technology and demand since the beginning of the industrial revolution. However, the phenomenon of de-industrialization, usually identified with the contraction of output or employment in the manufacturing sector as a whole, has only caused concern in these countries during the last decade or so. It has spawned a large academic literature, particularly in the UK, which was among the first industrial countries to manifest symptoms of de-industrialization (Singh 1977, 1982; Blackaby 1979; Beckerman 1979; Thirlwall 1982; Martin and Rowthorn 1986). It has also led to an important public debate on industrial policy in the UK, the US and in other industrial countries (for the UK, see Ball 1982; Eatwell 1982; Matthews and Sargent 1983; Singh 1979; Stout 1979; Godley and Cripps 1981; for the US, see Thurow 1980, 1984; Branson 1982; Krugman 1983; Schultze 1983; Norton 1986).

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Singh, A. (2018). Manufacturing and De-industrialization. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1264

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