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Why did Switzerland succeed? An analysis of Swiss specializations (1885-1905)

Léo Charles

Cahiers du GREThA (2007-2019) from Groupe de Recherche en Economie Théorique et Appliquée (GREThA)

Abstract: The 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’.

Keywords: economic growth; specialization; Swiss economy (search for similar items in EconPapers)
JEL-codes: N13 O4 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:grt:wpegrt:2013-15

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