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An industry’s contribution to GDP is commonly referred to as value added—essentially the income earned by factors employed in an industry to transform materials and service inputs into outputs.
The minimum efficient size plant (MES) is calculated as the average size of the largest plants that account for the top 50% of shipments. See Baldwin (1995) for a discussion of this measure.
A similar change occurred in Mexico.
The one exception was a drop in computers and electronics after the ICT bust in 2001.
An industry’s contribution to GDP is commonly referred to as value added—essentially the income earned by factors employed in an industry to transform materials and service inputs into outputs.
