The 'Flying Geese' Patterns of Industrial Development
25 Pages Posted: 8 Dec 2009
Date Written: December 4, 2009
This paper examines the 'flying geese' patterns of industrial development in which a series of industries take off one after another. This paper first shows theoretically that the 'flying geese' patterns of industrial development are consistent with the multiple-cone version of the Heckscher-Ohlin (HO) model. The paper then examines empirically how the multiple-cone HO model fits the 'flying geese' patterns of industrial development. Using Japanese manufacturing data, the empirical analysis shows that the multiple-cone model fits well with the 'flying geese' patterns of Japanese industrial development. The results imply that industry upgrading may be an important mechanism behind economic growth.
Keywords: Flying-geese patterns, industrial development, Heckscher-Ohlin model, multiple cones, Asia, Japan
JEL Classification: F11, F14, F2, C21
Suggested Citation: Suggested Citation