Replication package for Domini, G. (2021), "Patterns of specialization and economic complexity through the lens of universal exhibitions, 1855-1900"
Principal Investigator(s): View help for Principal Investigator(s) Giacomo Domini, Erasmus University Rotterdam
Version: View help for Version V1
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Project Citation:
Domini, Giacomo. Replication package for Domini, G. (2021), “Patterns of specialization and economic complexity through the lens of universal exhibitions, 1855-1900.” Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-07-08. https://doi.org/10.3886/E144681V1
Project Description
Summary:
View help for Summary
The complexity of
a country’s product mix is related to its economic growth. This paper extends
this key insight from the economic growth literature to the second half of the
19th century, by reconstructing Revealed Comparative Advantages (RCA)
and Economic Complexity Indices (ECI) for tens of polities, including both
independent countries and colonies. It does so by exploiting product-polity
information from the catalogues of five universal exhibitions, held in Paris in
the second half of the 19th century (1855, 1867, 1878, 1889, 1900).
For this period, exhibition data are available at a more disaggregated level
than export data, on which RCA and ECI are typically based. This is the first
application of ECI to the pre-Second World War era. A significant relation is
observed between ECI, the level of GDP per capita, and the latter’s long-run
growth. Furthermore, the evolution of RCA and ECI reveals processes of structural
change and economic development, notably the emergence of Germany and
Switzerland, which developed along the technological paradigms of the second
industrial revolution and thus attained positions of technological and economic
primacy.
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