Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/238150
Autor:innen: 
Weber, Isabella
Semieniuk, Gregor
Westland, Tom
Liang, Junshang
Datum: 
2021
Schriftenreihe/Nr.: 
Working Paper No. 2021-02
Verlag: 
University of Massachusetts, Department of Economics, Amherst, MA
Zusammenfassung: 
Does what you exported matter? We build a new global commodity-level export database for the previous era of globalization and find persistence in productive capabilities proxied by economic complexity, export diversification, and sophistication across a century. We also show that productive capabilities at the turn of the 20th century are a powerful predictor of today's income levels. We demonstrate that our results are not driven by persistence in geography or institutions. The persistence mechanism is the complementarity between past and future productive capabilities with one important qualification, the persistent negative effect of European overseas colonization. We also study shocks that undermined persistence, confirm the resource course hypothesis for the long run and find a positive but slow effect of democratization.
JEL: 
F14
F63
N10
O10
O50
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
4.34 MB





Publikationen in EconStor sind urheberrechtlich geschützt.