Three Paths of Deindustrialization: A Stylized Analysis of the Cases of the United Kingdom, the United States and Argentina
This article develops a stylized analysis of the deindustrialization paths of the United States, the United Kingdom, and Argentina. A categorization developed by the economist Robert Rowthorn is used to characteÂrize each of these three paths based on the evolution of other key variables, such as t...
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| Formato: | Artículo publishedVersion |
| Lenguaje: | Español |
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Centro de Estudios de Historia Económica Argentina y Latinoamericana (CEHEAL)
2021
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| Acceso en línea: | https://ojs.economicas.uba.ar/H-ind/article/view/2098 https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=hindus&d=2098_oai |
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| Sumario: | This article develops a stylized analysis of the deindustrialization paths of the United States, the United Kingdom, and Argentina. A categorization developed by the economist Robert Rowthorn is used to characteÂrize each of these three paths based on the evolution of other key variables, such as the aggregate economic activity, productivity and the development of new dynamic economic sectors. The analysis suggests that the United States and the United Kingdom represent cases of what literature has called positive deindustrialization, in the US as a result of the very maturity of the economic development process and in the UK on the score of an economic re-specialization towards high-productivity tradable services. Argentina's path, on the other hand, illustrates an archetypal example of negative deindustrialization, where the downfall of manufacturing went along with a comprehensive worsening of key economic and social variables. |
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