Why did Switzerland succeed? An analysis of Swiss specializations (1885-1905)
AbstractThe singularity of the Swiss economy during the first globalization is a well-known subject in historiography. Many authors highlight the role of institutions, the size of the country or the weak influence of the lobbies on economic decisions to explain the high economic growth from the 1880’s. Using an original and highly disaggregated database, this article takes into account the Swiss choices in terms of industrial specializations. We found out that the development of modern specializations as well as a move upmarket in the “old” specializations can be one of the explanations of the Swiss ‘miracle’.
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Bibliographic InfoPaper provided by Groupe de Recherche en Economie Théorique et Appliquée in its series Cahiers du GREThA with number 2013-15.
Date of creation: 2013
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economic growth; specialization; Swiss economy;
Find related papers by JEL classification:
- N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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- O'Rourke, Kevin H, 2000.
"Tariffs and Growth in the Late 19th Century,"
Royal Economic Society, vol. 110(463), pages 456-83, April.
- Douglas A. Irwin, 2002. "Interpreting the Tariff-Growth Correlation of the Late Nineteenth Century," NBER Working Papers 8739, National Bureau of Economic Research, Inc.
- David, Thomas & Mach, Andre, 2006. "Institutions and Economic Growth: The Successful Experience of Switzerland (1870-1950)," Working Paper Series RP2006/101, World Institute for Development Economic Research (UNU-WIDER).
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