Abstract
This paper examines empirically how the multiple-cone version of the Heckscher-Ohlin (HO) model fits the "flying geese" patterns of industrial development: a series of industries appear, prosper, then decline and finally disappear one after another. Using Japanese manufacturing data from 1975 to 2006, the analysis shows that the multiple-cone model fits well with the flying geese patterns of Japanese industrial development. The result suggests that part of the industrial upgrading can be explained by the multiple-cone HO model. This also implies that an underlying mechanism of macroeconomic growth is industrial upgrading, part of which can be attributed to capital accumulation.
| Original language | English |
|---|---|
| Pages (from-to) | 177-193 |
| Number of pages | 17 |
| Journal | Review of Development Economics |
| Volume | 18 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 2014 Feb |
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ASJC Scopus subject areas
- Geography, Planning and Development
- Development
Cite this
Industrial Upgrading in a Multiple-cone Heckscher-Ohlin Model : The Flying Geese Patterns of Industrial Development. / Kiyota, Kozo.
In: Review of Development Economics, Vol. 18, No. 1, 02.2014, p. 177-193.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Industrial Upgrading in a Multiple-cone Heckscher-Ohlin Model
T2 - The Flying Geese Patterns of Industrial Development
AU - Kiyota, Kozo
PY - 2014/2
Y1 - 2014/2
N2 - This paper examines empirically how the multiple-cone version of the Heckscher-Ohlin (HO) model fits the "flying geese" patterns of industrial development: a series of industries appear, prosper, then decline and finally disappear one after another. Using Japanese manufacturing data from 1975 to 2006, the analysis shows that the multiple-cone model fits well with the flying geese patterns of Japanese industrial development. The result suggests that part of the industrial upgrading can be explained by the multiple-cone HO model. This also implies that an underlying mechanism of macroeconomic growth is industrial upgrading, part of which can be attributed to capital accumulation.
AB - This paper examines empirically how the multiple-cone version of the Heckscher-Ohlin (HO) model fits the "flying geese" patterns of industrial development: a series of industries appear, prosper, then decline and finally disappear one after another. Using Japanese manufacturing data from 1975 to 2006, the analysis shows that the multiple-cone model fits well with the flying geese patterns of Japanese industrial development. The result suggests that part of the industrial upgrading can be explained by the multiple-cone HO model. This also implies that an underlying mechanism of macroeconomic growth is industrial upgrading, part of which can be attributed to capital accumulation.
UR - http://www.scopus.com/inward/record.url?scp=84892891614&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84892891614&partnerID=8YFLogxK
U2 - 10.1111/rode.12077
DO - 10.1111/rode.12077
M3 - Article
AN - SCOPUS:84892891614
VL - 18
SP - 177
EP - 193
JO - Review of Development Economics
JF - Review of Development Economics
SN - 1363-6669
IS - 1
ER -