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- W303587713 abstract "A critical evaluation and compilation of basic data needed for constructing statistical indicators of industrial development are presented. The data cover such factors as manufacturing output, value added, employment, human resources, wages, industrial labor force, and semimanufactured exports at the aggregated sector level. Several conclusions emerge from the analysis: 1) manufacturing production and merchandise exports data are less reliable than usually assumed; 2) the four or five definitions of manufactured (or industrial) exports often used interchangeably lead to different results with regard to absolute levels, growth rates, or ratios of manufactured exports to merchandise exports; 3) the alternative measures of import substitution, import elasticity, and demand sources of industrial growth, which are conceptually different but often interchangeably used, lead to different results; and 4) absolute levels and growth rates of manufacturing production differ according to the sources of data. Standardization of the definition of trade in manufactures is thus essential, and industry and trade data banks should facilitate an indepth evaluation of the basic data. Extensive tables of the economic data are included. Numerous references." @default.
- W303587713 created "2016-06-24" @default.
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- W303587713 date "1974-09-30" @default.
- W303587713 modified "2023-09-27" @default.
- W303587713 title "Statistical indicators of industrial development : a critique of the basic data" @default.
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