It can be used optimization techniques.

Dear Plojovic Semsudin,

One can follow W. W. Rostow, “The Stages of Economic Growth,” Cambridge, 1960. On page 21 Rostow wrote that “the essence of the transition can be described legitimately as the rise in the rate of investment to a level which regularly, substantially and perceptibly outstrips population growth.”

You may want to look at Schumpeter’s theory of creative destruction from the investment and R&D sides.

The growth model of Adolph Lowe as tested by W.G. Hoffmann, The Growth of Industrial Economies, Manchester 1958, examined the industrial base. A group of industries—agriculture, textile etc seems to characterize the early stage.

Paul Streeten seems to look at four functions, 1. Balance of Payment surpluses, 2. Financial Institutions to convert those surpluses into loans and equities. 3. Technological capacity to produce capital/intermediate goods, and 4. Military and police power to enforce contracts and keep the peace. (P. Streeten, “Thinking about Development," Cambridge, 1995, pp. 85-143.

Look at the factors suggested by modern growth theories as well, in particular Human Capital.

Hope this helps.

Dmensions and Measures of Industrialization

1. Economic Activity

a. Percentage of labor force in manufacturing

b. Percentage of labor force in industry

2. Economic Output

a. Manufacturing as a percentage of gross domestic product (GPD)

b. Industry as a percentage of gross domestic product

c. Gross output per employee in manufacturing

d. Earnings per employee in manufacturing

3. Organization

a. Wage and salary earners as a percentage of the labor force

b. Number of manufacturing establishments employing fifty or more workers per capita

4. Mechanization

a. Commercial energy consumption per capita

b. Total cost of fuels and electrical energy per employee in manufacturing

5. Technology

a. Percentage of professional and technical workers in labor force

b. Registered patents in force per capita

c. Registered industrial designs in force per capita

Thank you very much,

information was very useful, when I read the proposed text, and if I continue to need assistance I hope that I have a freedom to contact you.

Thanks again

I think you can also consider  the trend in the elasticity of substitution adopting a production function VES (Variable Elasticity of Substitution) to the disposable time series data of  agricultural production in Sandzak.

Hello!

Some authors use the following proxies for levels of agricultural industrialization:

• the percent of farms in a county organized as corporations

• farm size in acres in a county

• the percent of farms in the county having more than $40,000 in sales

• percent of farms with full - time hired labor

• cost of hired labor per farm

• cost of contract labor per farm

• value of machinery per farm

• cost of fertilizers per farm

• costs of other chemicals per farm

(http://www.vanderbilt.edu/econ/undergraduate/documents/honor10Bartenstein.pdf)

Perhaps you could use Chenery and Taylor's Development Patterns among Countries abd over Time, (RES, Nov.,1968) in which they show how  the size of an economy determines the path and the type of industrialization; as well as another study by Leamer, Maul, Rodríguez and Schott; Does Natural Resource Abundance Increase Latin American Income Inequality?; (JDE, 1999) for a description of the path and degree of industrialization based on different resource endowments.