Economic development stages,changing factor endowments and regional industrial development paths:A perspective from later-development countries
Evolutionary economic geography(EEG)has highlighted the importance of technological related-ness in regional industrial development in developed countries.However,other key factors,such as labour and capital,should also be included in the analysis of regional industrial development in developing countries.The labour surplus,wages and scarcity of capital in developing countries change dramatically in the development process,which can impact the role of technological relatedness in regional industrial development.The pur-pose of this paper is to develop a new framework to understand the regional industrial development paths of de-veloping countries by linking related theories with EEG studies.Drawing on the literature of Lewis dual eco-nomy,growth theory,catch-up theory of developing countries and evolutionary economics,this paper devel-ops a new framework for understanding the changing regional industrial development paths in three develop-mental stages,namely,the Lewisian dual economy,the period after reaching the Lewis turning point and the innovation economy.In our framework,the regional industrial development paths are affected by both factor endowments and technological relatedness.This study has important implications for regional industrial devel-opment in developing countries.
evolutionary economic geographyeconomic development stagefactor endowmenttechnologic-al relatednessregional industrial development paths
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维普
