Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/169344
Authors: 
Mercer-Blackman, Valerie
Foronda, Amador
Mariasingham, Joseph
Year of Publication: 
2017
Series/Report no.: 
ADB Economics Working Paper Series 513
Abstract: 
Existing literature on economic growth and structural change relies on trade data to make pronouncements about a country's competitiveness and long-term growth prospects through the acquisition of capabilities. However, insufficient data give us a limited view of what is happening within the domestic economy, and how the development of manufacturing through links in the production process leads to the export of intermediate or final products. Using input-output data, this paper devises an agglomeration indicator to measure economic diversification and to compare Bangladesh with other key economies. In the process, we shed light on the symbiotic relationship between manufacturing and services as the country develops. Despite Bangladesh's astounding growth over the past 15 years, diversification has been somewhat slower than expected for its level of development.
Subjects: 
Bangladesh
business services
economic diversification
global value chains
input-output tables
ready-made garments
structural transformation
JEL: 
D24
D57
F15
O14
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo/
Document Type: 
Working Paper

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