Imp typos corrected in capitals
>
>Arguing that trade with the South, not economic maturity, has been the main
>cause of Northern DEindustrialisation, Adrian Wood suggests
Wood also suggests that the
>Rowthorn-Wells model of economic maturity cannot explain the timing of
>deindustrialisation since as only after 1973 WAS there a downward shift,
>confined to high income countries, in their cross country relationship
>between the industrial employment share and the level of per capita income,
>it is hard to believe that the decline in the share of mfg employment was
>simply the result of longstanding trends in sectoral productivity growth or
>in the composition of demand."
(yes, it's still an ugly sentence)
rb