Abstract
This paper investigates the relative importance of different channels in explaining the low share of industrial employment in Latin America relative to the economies that employ a large share of the workforce in industry. Differences in domestic final consumption shares play a pivotal role and can account for 50-70 percent of the industrial share gap. The paper finds limited support for the comparative advantage hypothesis, as differences in trading patterns account for less than 15 percent of the gap. More important are the differences in sectoral linkages and wage gaps which account for more than 30 percent of the industrial employment gap individually.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
