The soundness of returning to manufacturing through the lens of productivity accounting
This article assesses whether the world economy is actually returning to manufacturing, and in particular, whether this is, or would be, economically sound in light of KLEMS productivity accounting. In this paper, the term 'economic soundness' is applied exclusively to situations in which...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Polish Economic Society
2023-09-01
|
| Series: | Ekonomista |
| Subjects: | |
| Online Access: | https://ekonomista.pte.pl/The-soundness-of-returning-to-manufacturing-through-the-lens-of-productivity-accounting,171520,0,2.html |
| _version_ | 1827803572560986112 |
|---|---|
| author | Dariusz Cezary Kotlewski |
| author_facet | Dariusz Cezary Kotlewski |
| author_sort | Dariusz Cezary Kotlewski |
| collection | DOAJ |
| description | This article assesses whether the world economy is actually returning to manufacturing, and in particular, whether this is, or would be, economically sound in light of KLEMS productivity accounting. In this paper, the term 'economic soundness' is applied exclusively to situations in which reindustrialization is likely to accelerate economic growth. Environmental, social, and other pertinent issues are not considered. It has been established that the countries under consideration generally did not reindustrialize during the stipulated periods, despite it being economically advisable to do so. Returning to manufacturing may, therefore, become a major growth factor in the post-Covid economic reconstruction (which is being prolonged by the Ukraine-Russia conflict). |
| first_indexed | 2024-03-11T20:57:18Z |
| format | Article |
| id | doaj.art-f3e4f4c2d23645108b4323280e10bb2d |
| institution | Directory Open Access Journal |
| issn | 0013-3205 2299-6184 |
| language | English |
| last_indexed | 2024-03-11T20:57:18Z |
| publishDate | 2023-09-01 |
| publisher | Polish Economic Society |
| record_format | Article |
| series | Ekonomista |
| spelling | doaj.art-f3e4f4c2d23645108b4323280e10bb2d2023-09-30T06:48:41ZengPolish Economic SocietyEkonomista0013-32052299-61842023-09-01325327410.52335/ekon/171520171520The soundness of returning to manufacturing through the lens of productivity accountingDariusz Cezary Kotlewski0https://orcid.org/0000-0003-1059-7114Katedra Geografii Ekonomicznej, Szkoła Główna Handlowa (SGH), PolskaThis article assesses whether the world economy is actually returning to manufacturing, and in particular, whether this is, or would be, economically sound in light of KLEMS productivity accounting. In this paper, the term 'economic soundness' is applied exclusively to situations in which reindustrialization is likely to accelerate economic growth. Environmental, social, and other pertinent issues are not considered. It has been established that the countries under consideration generally did not reindustrialize during the stipulated periods, despite it being economically advisable to do so. Returning to manufacturing may, therefore, become a major growth factor in the post-Covid economic reconstruction (which is being prolonged by the Ukraine-Russia conflict).https://ekonomista.pte.pl/The-soundness-of-returning-to-manufacturing-through-the-lens-of-productivity-accounting,171520,0,2.htmlgvamfpproductivityklemsdecomposition |
| spellingShingle | Dariusz Cezary Kotlewski The soundness of returning to manufacturing through the lens of productivity accounting Ekonomista gva mfp productivity klems decomposition |
| title | The soundness of returning to manufacturing through the lens of productivity accounting |
| title_full | The soundness of returning to manufacturing through the lens of productivity accounting |
| title_fullStr | The soundness of returning to manufacturing through the lens of productivity accounting |
| title_full_unstemmed | The soundness of returning to manufacturing through the lens of productivity accounting |
| title_short | The soundness of returning to manufacturing through the lens of productivity accounting |
| title_sort | soundness of returning to manufacturing through the lens of productivity accounting |
| topic | gva mfp productivity klems decomposition |
| url | https://ekonomista.pte.pl/The-soundness-of-returning-to-manufacturing-through-the-lens-of-productivity-accounting,171520,0,2.html |
| work_keys_str_mv | AT dariuszcezarykotlewski thesoundnessofreturningtomanufacturingthroughthelensofproductivityaccounting AT dariuszcezarykotlewski soundnessofreturningtomanufacturingthroughthelensofproductivityaccounting |