DP9060 The Spread of Manufacturing to the Poor Periphery 1870-2007

Author(s): Agustín Bénétrix, Kevin Hjortshøj O'Rourke, Jeffrey G Williamson
Publication Date: July 2012
Keyword(s): history, Third World industrialization
JEL(s): F63, N1, N6, O2
Programme Areas: Economic History
Link to this Page: www.cepr.org/active/publications/discussion_papers/dp.php?dpno=9060

This paper documents industrial output growth around the poor periphery (Latin America, the European periphery, the Middle East and North Africa, Asia, and sub-Saharan Africa) between 1870 and 2007. We find that although the roots of rapid peripheral industrialization stretch into the late 19th century, the high point of peripheral industrialization was the 1950-1973 period, which saw widespread import-substituting industrialization. This period was also the high point of unconditional industrial catching up, defined as the tendency of less industrialized countries to post higher per capita manufacturing growth rates, and which occurred between 1920 and 1990.