LEADER 07657oam 22013694 450 001 9910786482803321 005 20230801225339.0 010 $a1-4755-9236-1 010 $a1-4755-9630-8 035 $a(CKB)2670000000278870 035 $a(EBL)1606817 035 $a(SSID)ssj0000952671 035 $a(PQKBManifestationID)11551719 035 $a(PQKBTitleCode)TC0000952671 035 $a(PQKBWorkID)10906023 035 $a(PQKB)11327803 035 $a(MiAaPQ)EBC1606817 035 $a(Au-PeEL)EBL1606817 035 $a(CaPaEBR)ebr10627091 035 $a(OCoLC)797209067 035 $a(IMF)WPIEE2012165 035 $a(IMF)WPIEA2012165 035 $a(EXLCZ)992670000000278870 100 $a20020129d2012 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aFactor Endowment, Structural Coherence, and Economic Growth /$fNatasha Che 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2012. 215 $a1 online resource (43 p.) 225 1 $aIMF Working Papers 300 $aDescription based upon print version of record. 311 $a1-4755-3070-6 311 $a1-4755-0513-2 320 $aIncludes bibliographical references. 327 $aCover; IMF Working Paper; I. INTRODUCTION; II. AN ILLUSTRATIVE MODEL; III. DATA AND VARIABLES; Table; Table 1:Cross-country median industry size growth and capital intensity; Table 2: Evolution of labor income share over time; Figure; Figure 1: Evolution of labor income share by country; Figure 2: Change of shares in total capital by capital types 1970 - 2005; Figure 3: Capital intensity by country and types of capital; Table 3: Regression of capital intensity on country capital endowment by industry; Table 4A: Summary statistics; Table 4B: Correlation between country variables 327 $aIV. COUNTRY LEVEL ANALYSIS A. Capital Endowment and Industrial Structure; Table 4C: Correlation between industry variables; Table 5a: Correlation between capital intensity of industrial structure and capital endowment; Table 5b: Correlation between capital intensity of industrial structure and capital endowment; B. Structural Coherence and Growth; Measuring Structural Incoherence at the Country Level; Table 6: Summary statistics of structural incoherence (SI) scores; Structural Coherence Effect on Growth; Figure 4: Evolution of structural incoherence score by country 327 $aFigure 5: Decomposing the structural incoherence score Table 7a: Structural coherence and growth: country level regressions (v1); Table 7b: Structural coherence and growth: country level regressions (v2); Table 8a: Structural coherence and growth: country level regressions (v1), IV method; Table 8b: Structural coherence and growth: country level regressions (v2), IV method; Figure 6a: GDP growth and structural incoherence (annual); Figure 6b: GDP growth and structural incoherence (5-year window); V. INDUSTRY LEVEL ANALYSIS; A. Capital Endowment and Industrial Structure 327 $aFigure 6c: GDP growth and structural incoherence (10-year window)Table 8: Overall capital and structural change: baseline estimation; Table 9: Detailed types of capital and structural change: baseline estimation; B. Structural Coherence and Economic Growth; Table 10: Structural coherence and economic growth: baseline estimates; VI. ROBUSTNESS; A. Using income share to measure factor intensity; Table 11: Capital endowments and structural change: alternative measure of capital intensity; Table 12: Structural coherence and economic growth: alternative measure of capital intensity 327 $aB. Further Robustness ChecksTable 13: Overall capital endowment and structural change: additional controls; Table 14: Detailed capital endowments and structural change: additional controls; Table 15A: Structural coherence and growth: additional controls; Table 15B: Structural coherence and growth: additional controls; VII. CONCLUSION; References 330 3 $aThis paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the degree that a country's industrial structure optimally reflects its factor endowment fundamentals. The paper found that at least for the overall capital, the shares of capital intensive industries were significantly bigger with higher initial capital endowment and faster capital accumulation. Moreover, there is a positive relationship between a country's aggregate output growth and the degree of structural coherence. Quantitatively, the structural coherence with respect to the overall capital explains about 30% of the growth differential among sample countries. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2012/165 606 $aFactor proportions$xEconometric models 606 $aEconomic development 606 $aLabor$2imf 606 $aPublic Finance$2imf 606 $aProduction and Operations Management$2imf 606 $aEconomic Development, Innovation, Technological Change, and Growth$2imf 606 $aEmployment$2imf 606 $aUnemployment$2imf 606 $aWages$2imf 606 $aIntergenerational Income Distribution$2imf 606 $aAggregate Human Capital$2imf 606 $aAggregate Labor Productivity$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 606 $aHuman Capital$2imf 606 $aSkills$2imf 606 $aOccupational Choice$2imf 606 $aLabor Productivity$2imf 606 $aProduction$2imf 606 $aCost$2imf 606 $aCapital and Total Factor Productivity$2imf 606 $aCapacity$2imf 606 $aMacroeconomics$2imf 606 $aLabour$2imf 606 $aincome economics$2imf 606 $aPublic finance & taxation$2imf 606 $aCapital productivity$2imf 606 $aInformation technology in revenue administration$2imf 606 $aHuman capital$2imf 606 $aTotal factor productivity$2imf 606 $aRevenue administration$2imf 606 $aRevenue$2imf 606 $aEconomic theory$2imf 606 $aIndustrial productivity$2imf 607 $aUnited States$2imf 615 0$aFactor proportions$xEconometric models. 615 0$aEconomic development. 615 7$aLabor 615 7$aPublic Finance 615 7$aProduction and Operations Management 615 7$aEconomic Development, Innovation, Technological Change, and Growth 615 7$aEmployment 615 7$aUnemployment 615 7$aWages 615 7$aIntergenerational Income Distribution 615 7$aAggregate Human Capital 615 7$aAggregate Labor Productivity 615 7$aTaxation, Subsidies, and Revenue: General 615 7$aHuman Capital 615 7$aSkills 615 7$aOccupational Choice 615 7$aLabor Productivity 615 7$aProduction 615 7$aCost 615 7$aCapital and Total Factor Productivity 615 7$aCapacity 615 7$aMacroeconomics 615 7$aLabour 615 7$aincome economics 615 7$aPublic finance & taxation 615 7$aCapital productivity 615 7$aInformation technology in revenue administration 615 7$aHuman capital 615 7$aTotal factor productivity 615 7$aRevenue administration 615 7$aRevenue 615 7$aEconomic theory 615 7$aIndustrial productivity 700 $aChe$b Natasha$01578640 801 0$bDcWaIMF 906 $aBOOK 912 $a9910786482803321 996 $aFactor Endowment, Structural Coherence, and Economic Growth$93858215 997 $aUNINA