Cuantificación del papel del sector manufacturero en la era “post industrial” en paises de Europa

This paper shows evidence that manufacturing sector maintains a dynamic process that stimulates growth in European economies, despite its apparent deindustrialization process, reflected in the fall of manufacturing employment and reduction in manufacturing sector share in total GDP. The static and dynamic econometric analysis of the Kaldor-Verdoorn Laws for a panel data of 9 European countries from 1960 to 2014 shows that this is mainly explained by the growing influence of labor productivity in the manufacturing sector. On the contrary, despite a greater correlation between primary sector and services with GDP, these do not influence a sustained dynamic growth due to their decreasing productivity.