Global Industrial Development: Insights From the Distribution Dynamics Approach for the Post Covid Era
The spread of COVID-19 has significantly dampened global economic activity and has also wreaked havoc on the industrial sector. Understanding the disparity and convergence of global industrial outputs is important in assessing the effectiveness of concurrent development policies. This study investig...
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Frontiers Media S.A.
2021
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oai:doaj.org-article:16ff7646ea1d49088742ba41678dae912021-11-30T12:41:45ZGlobal Industrial Development: Insights From the Distribution Dynamics Approach for the Post Covid Era2296-256510.3389/fpubh.2021.792947https://doaj.org/article/16ff7646ea1d49088742ba41678dae912021-11-01T00:00:00Zhttps://www.frontiersin.org/articles/10.3389/fpubh.2021.792947/fullhttps://doaj.org/toc/2296-2565The spread of COVID-19 has significantly dampened global economic activity and has also wreaked havoc on the industrial sector. Understanding the disparity and convergence of global industrial outputs is important in assessing the effectiveness of concurrent development policies. This study investigates the spatial distribution of global industrial output to unveil the disparity in industrial development and the feasibility of achieving convergence over time. Stochastic kernel analyses are carried out for national regimes to study the overall pattern of industrialization for all the countries in the world. Countries are then classified into different groups to further analyse the geographical and income effects on industrial development. The results show that disparity between the Global North and the Global South will enlarge further in the future. Industrial development in the Global North will continue to prosper, while the industrial output in many countries in the Global South just cannot reach the global average.Ning MaWai Yan ShumTingting HanTsun Se CheongFrontiers Media S.A.articleCOVID-19industrial developmentdistribution dynamicsglobal inequalityconvergencePublic aspects of medicineRA1-1270ENFrontiers in Public Health, Vol 9 (2021) |
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COVID-19 industrial development distribution dynamics global inequality convergence Public aspects of medicine RA1-1270 |
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COVID-19 industrial development distribution dynamics global inequality convergence Public aspects of medicine RA1-1270 Ning Ma Wai Yan Shum Tingting Han Tsun Se Cheong Global Industrial Development: Insights From the Distribution Dynamics Approach for the Post Covid Era |
description |
The spread of COVID-19 has significantly dampened global economic activity and has also wreaked havoc on the industrial sector. Understanding the disparity and convergence of global industrial outputs is important in assessing the effectiveness of concurrent development policies. This study investigates the spatial distribution of global industrial output to unveil the disparity in industrial development and the feasibility of achieving convergence over time. Stochastic kernel analyses are carried out for national regimes to study the overall pattern of industrialization for all the countries in the world. Countries are then classified into different groups to further analyse the geographical and income effects on industrial development. The results show that disparity between the Global North and the Global South will enlarge further in the future. Industrial development in the Global North will continue to prosper, while the industrial output in many countries in the Global South just cannot reach the global average. |
format |
article |
author |
Ning Ma Wai Yan Shum Tingting Han Tsun Se Cheong |
author_facet |
Ning Ma Wai Yan Shum Tingting Han Tsun Se Cheong |
author_sort |
Ning Ma |
title |
Global Industrial Development: Insights From the Distribution Dynamics Approach for the Post Covid Era |
title_short |
Global Industrial Development: Insights From the Distribution Dynamics Approach for the Post Covid Era |
title_full |
Global Industrial Development: Insights From the Distribution Dynamics Approach for the Post Covid Era |
title_fullStr |
Global Industrial Development: Insights From the Distribution Dynamics Approach for the Post Covid Era |
title_full_unstemmed |
Global Industrial Development: Insights From the Distribution Dynamics Approach for the Post Covid Era |
title_sort |
global industrial development: insights from the distribution dynamics approach for the post covid era |
publisher |
Frontiers Media S.A. |
publishDate |
2021 |
url |
https://doaj.org/article/16ff7646ea1d49088742ba41678dae91 |
work_keys_str_mv |
AT ningma globalindustrialdevelopmentinsightsfromthedistributiondynamicsapproachforthepostcovidera AT waiyanshum globalindustrialdevelopmentinsightsfromthedistributiondynamicsapproachforthepostcovidera AT tingtinghan globalindustrialdevelopmentinsightsfromthedistributiondynamicsapproachforthepostcovidera AT tsunsecheong globalindustrialdevelopmentinsightsfromthedistributiondynamicsapproachforthepostcovidera |
_version_ |
1718406548334575616 |