Patterns of industrialisation and deindustrialisation in Europe
DOI:
https://doi.org/10.13133/2037-3643/18919Keywords:
manufacturing, industrialisation, deindustralisation, EuropeAbstract
The aim of the article is to analyse the performance of the manufacturing sector in Europe in order to check whether there is a relationship between the level of development and the share of the industrial sector, and whether the manufacturing sector plays a key role in the economic growth and catching-up processes in European countries. The results of the study show that the evolution of the manufacturing sector is very different between countries, not only between countries at different levels of development but also between similar countries. The results also show the key role played by the Global Financial Crisis in explaining the fall in manufacturing output and employment and the deindustrialisation processes detected in certain countries.
References
Dávila-Fernández M.J. and Oreiro J.L. (2023), “Competitiveness and dynamic cumulative causation in an export-led growing economy”, Industrial and Corporate Change, 32, pp. 522-520.
de Sousa L.N.E. and Oreiro J.L. (2024a), “Reindustrializing Brazil: a comprehensive analysis of industrial trajectory, policies and a forward-looking agenda”, presented at the 7th International Astril Conference, Rome, 25-26 January.
de Sousa L.N.E. and Oreiro J.L. (2024b), “Industrial policies for reverting the premature deindustrialization of the Brazilian economy”, International Review of Economic Policy, 6(1), pp. 70-88.
Gabriel L.F., de Santana Ribeiro L.C., Jayme Jr F.G. and da Costa Oreiro J.L. (2020), “Manufacturing, economic growth, and real exchange rate: empirical evidence in panel data and input-output multipliers”, PSL Quarterly Review, 73(292), pp. 51-75.
Isabella F. (2024). “Structural change, commodity dependence and middle-income trap: Emerging approaches to a traditional agenda”, PSL Quarterly Review, 77(310), pp. 329-350.
Kaldor N. (1967), Causes of the slow rate pf economic growth in the United Kingdom: Inaugural lecture at the University of Cambridge, Cambridge: Cambridge University Press.
Kaldor N (1966), Strategic factors in economic development, New York: Ithaca.
Landesmann M.A. and Stöllinger R. (2019), “Structural change, trade and global production newworks: An ‘appropriate industrial policy’ for peripheral and catching-up economies”, Structural Change and Economic Dynamics, 48; pp. 7-23.
Lautier L. (2024), “Manufacturing still matters for developing countries”, Structural Change and Economic Dynamics, 70, pp. 168-177.
Oreiro J.L. and Araujo E. (2013), “Exchange rate misalignment, capital accumulation and income distribution theory and evidence from the case of Brazil”, Panoeconomicus, 60(3), pp. 381-396.
Oreiro J.L., da Silva K.M. and Dávila-Fernández M. (2020), “A New Developmentalist model of structural change, economic growth and middle-income traps”, Structural Change and Economic Dynamics, 55, pp. 26-38.
Oreiro J.L., Manarin D'Agostini L.L. and Gala P. (2020), “Deindustrialization, economic complexity and exchange rate overvaluation: the case of Brazil (1998-2017)”, PSL Quarterly Review, 73(295), pp. 313-341.
Oreiro J.L., Missio F. and Jayme Jr. F.G. (2015), “Capital accumulation, structural change and real exchange rate in a Keynesian-Structuralist growth model”, Panoeconomicus, 62(2), pp. 237-256.
Özçelik E. and Ozmen E. (2023), “Premature deindustrialisation: the international evidence”, Cambridge Journal of Economics, 47, pp. 725-746.
Rocha I.L. (2018), “Manufacturing as driver of engine growth”, PSL Quarterly Review, 71(285), pp. 161-182.
Rodrik D. (2016), “Premature deindustrialization”, Journal of Economic Growth, 21(1), pp. 1-33.
Rowthorn R. and Wells J.R. (1987), De-industrialization and foreign trade, Cambridge: Cambridge University Press.
Szirmai A. (2012), “Industrialization as an engine of growth in developing countries, 1950-2005”, Structural Change and Economic Dynamics, 23, pp. 406-420.
Szirmai A. and Verspagen B. (2015), “Manufacturing and economic growth in developing countries, 1950-2005”, Structural Change and Economic Dynamics, 34, pp. 46-59.
Trofimov I. D. (2023), “The effects of structural change on economic growth: a panel data analysis”, Panoeconomicus, 1-43. Available online.
Villanueva L. and Jiang X. (2018), “Patterns of technical change and de-industrialization”, PSL Quarterly Review, 71(285), pp. 161-182.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Jesus Ferreiro, Carmen Gomez
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
