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What Explains Latin America's Low Share of Industrial Employment ? (الإنجليزية)

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...
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