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Some stylized facts about deindustrialization in Europe

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  • José Pedro Pontes

Abstract

This paper highlights three main trends concerning the evoulution of the proportion of manufacturing in overall productive activity across European countries. Firstly, we are able to detect a non monotonic spatial pattern with deindustrialization prevailing both close to the European core and in remote areas. Secondly, industrialization appears to be faster in countries newly admitted to the European Union, whose trade costs with the European core are falling sharply. Finally, a specialization in high-tech, value added intensive sectors seems to prevent deindustrialization of core European countries but it has not the same effect on those which joined the European Union more recently.

Suggested Citation

  • José Pedro Pontes, 2019. "Some stylized facts about deindustrialization in Europe," Working Papers REM 2019/88, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    • Handle: RePEc:ise:remwps:wp0882019
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    File URL: https://rem.rc.iseg.ulisboa.pt/wps/pdf/REM_WP_088_2019.pdf
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    Cited by:

    1. Pontes, José Pedro & Pires, Armando J. Garcia, 2021. "A geographical theory of (De)industrialization," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 567-574.

    More about this item

    Keywords

    Manufacturing; Deindustrialization; Location;
    All these keywords.

    JEL classification:

    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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