Deindustrialisation over Time

In this chapter, Majzlíková revisits the econometric model of deindustrialisation to examine the pace of decline in manufacturing employment, focusing mainly on the period after 2010. She uses panel data on manufacturing employment for a significant number of world economies. It focuses on the pace of deindustrialisation over time in developed economies, Asia, Latin America, sub-Saharan Africa and other economies. As a robustness check, she runs the model on an alternative database consisting of input–output data for 2000–2020. Majzlíková concludes that the process of deindustrialisation has indeed slowed down in the last decade and that this is especially true for the group of developed countries.