صنعتی سازی و جایگزینی: یک نکته

This paper analyzes the relationship between industrialization and technology in detail. Three main conclusions are obtained: (i) the crucial factor for the existence of a poverty trap is the degree of substitutability among intermediate inputs; (ii) the effects of technological progress in the manufactured good sector and the intermediate goods sector on industrialization differ with the degree of substitutability among intermediate inputs; (iii) technological progress in the manufactured good sector and the intermediate goods sector weakens the lock-in effect of historical events while strengthening the role of expectations. These suggest that the degree of substitutability among intermediate inputs should be an important factor when we plan a development strategy.