New empirical evidence about the first Kaldor law


Nicola Cantore, UNIDO - United Nations Industrial Development Organization

Kaldor’s first growth law claims that the growth rate of GDP is strongly fuelled by the growth rate of manufacturing. Despite the fact that the literature has demonstrated the empirical validity of this law for decades, only now a strand of research is emerging which focuses on how countries industrialize. In this presentation we show fresh evidence supporting the idea that dollars spent on different industrialization patterns may not have the same impact on growth.

About the speaker
Nicola has a a Ph.D in economics at the Universita` Cattolica del Sacro Cuore and a Ph.D in environmental economics and management at the University of York. He worked as a junior researcher at the FEEM (Fondazione ENI Enrico Mattei) in Milan, as a senior researcher at the Department of Agricultural Economics and Engineering of the University of Bologna and as a research fellow at the Investment and Growth Program of the Overseas Development Institute in London. He served as a consultant for many organizations such as UNDP, DFID and UNEP. He is currently researcher at the Department of Policy Research and Statistics of UNIDO where he was the coordinator of the Industrial Development Report 2016. His cv includes publications in peer reviewed journals, books and contributions to published reports. His research interests include development, structural change and environment.

Venue: Conference room (room 0.16 & 0.17)

Date: 08 September 2016

Time: 12:00 - 13:00  CET


UNU-MERIT