Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund.
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| ISBN: | 9781475530704
1475530706
1475505132
9781475505139
1475596308
9781475596304
9781475505139
9781475596304
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| Digital file characteristics: | data file
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| Notes: | Title from PDF title page (IMF Web site, viewed June 8, 2012).
Includes bibliographical references.
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| Summary: | This paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the degree that a country's industrial structure optimally reflects its factor endowment fundamentals. The paper found that at least for the overall capital, the shares of capital intensive industries were significantly bigger with higher initial capital endowment and faster capital accumulation. Moreover, there is a positive relationship between a country's aggregate output growth and the degree of structural coherence. Quantitatively, the structural coherence with respect to the overall capital explains about 30% of the growth differential among sample countries.
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