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What Explains Latin America's Low Share of Industrial Employment? / Sinha, Rishabh.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Sinha, Rishabh.
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Armed Conflict.
- Business Cycles and Stabilization Policies.
- Common Carriers Industry.
- Construction Industry.
- Food and Beverage Industry.
- General Manufacturing.
- Industry.
- International Trade and Trade Rules.
- Labor Markets.
- Macroeconomics and Economic Growth.
- Plastics and Rubber Industry.
- Pulp and Paper Industry.
- Sectoral Linkages.
- Sectoral Wage Gaps.
- Social Protections and Labor.
- Structural Transformation.
- Textiles, Apparel and Leather Industry.
- Trade.
- Wages, Compensation and Benefits.
- Local Subjects:
- Armed Conflict.
- Business Cycles and Stabilization Policies.
- Common Carriers Industry.
- Construction Industry.
- Food and Beverage Industry.
- General Manufacturing.
- Industry.
- International Trade and Trade Rules.
- Labor Markets.
- Macroeconomics and Economic Growth.
- Plastics and Rubber Industry.
- Pulp and Paper Industry.
- Sectoral Linkages.
- Sectoral Wage Gaps.
- Social Protections and Labor.
- Structural Transformation.
- Textiles, Apparel and Leather Industry.
- Trade.
- Wages, Compensation and Benefits.
- Physical Description:
- 1 online resource (37 pages)
- Place of Publication:
- Washington, D.C. : The World Bank, 2019.
- System Details:
- data file
- Summary:
- 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.
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