University of Sussex
2013_06_SWPS_Ciarli_Indus_Paper_Aug13_Large.pdf (651.87 kB)

Theoretical arguments for industrialisation-driven growth and economic development

Download (651.87 kB)
posted on 2023-06-08, 17:51 authored by Tommaso CiarliTommaso Ciarli, Michele Di Maio
We review the theories of growth and economic development in which the industrial sector plays a role. We briefly discuss the theoretical arguments that have been put forward in each of them and summarise the explanation of how industrialisation promotes growth and economic development. We follow an (occasionally overlapping) chronological order and find it convenient to distinguish three main periods in development thinking: the theories of the stages of economic development; the classical theories of economic development; and the modern views. The paper show that, with few exceptions, industrialisation has always been considered the driver of economic growth in economic theory. However, in much of the relevant literature, the superiority of industry is assumed or observed, rather than explained, suggesting that there are a number of unresolved issues behind the different theoretical arguments for industrialisation-led economic development. Any development policy that focuses on industrialisation should consider these arguments in relation to specific objectives and contexts, rather than taking them for granted.


Publication status

  • Published

File Version

  • Published version


University of Sussex

Place of publication

Brighton, Sussex

Department affiliated with

  • SPRU - Science Policy Research Unit Publications


SWPS 2013-06


University of Sussex

Full text available

  • Yes

Legacy Posted Date


First Open Access (FOA) Date


First Compliant Deposit (FCD) Date


Usage metrics

    University of Sussex (Publications)


    No categories selected