The textile I clothing, agricultural food processing and machine equipment (as in manufacturing) industries became leading exporters. In the seventies, the food processing industry had the lion's share of the manufacturing industries within all ASEAN countries, and in the Philippines it was more than 40%, with three other countries having about a 20% share. Also, in Thailand, the Philippines and several other countries, the textile I clothing industry had a similar percentage share. (See Table 2)
Those industries which are comparatively intensive maintained their percentage share into the eighties, and the expanded share of the machine equipment industry became notable. Malaysia and Singapore showedn remarkable growth and the share overtook that of the food processing industry. They are ambitious for economic growth and the fostered growth of the semi-conductor industry was a typical example, which expect the effect of technology transfer by positive attitude to the introduction of foreign capital. This is substantially influenced by the profits of a global marketing strategy of the developed industrial countries, including Japan, corresponding by chance with good timing.
3. Causes of Industrial Structural Change
Industrial structural change is, in a sense, a reflection of economic development, and also was made famous by the law of the classical scholar, Pety & Clark. Following much statistical analysis, it is said that as an historical rule, the weight of the economic structure shifts from the primary to the secondary industries, and then on to the tertiary industries in the search for efficiency. Recently, a theory of a forth, or perhaps a three point fifth, industry has been advanced with the softening of the economy.
Also, if the national income per capita doubles (from $250 to $500, or from $1,000 to $2,000) in the developing countries, including the Asian regions, it is estimated that the share of the primary industry would change by around
