This paper studies the role of public policy in promoting industrial transformation from an imitationbased, low-skill economy to an innovation-based, high-skill economy, where technological progress now occurs through the domestic invention of ideas. Industrial transformation is measured by changes in an index of industrial structure, defined as the ratio of the variety of imitation- to innovation-based intermediate goods. A key mechanism through...
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INFORMATION
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2013/04/01
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Document de travail de recherche sur les politiques
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WPS6405
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1
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1
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2013/04/01
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Disclosed
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Public policy and industrial transformation in the process of development
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lack of access to infrastructure