Specializations in Switzerland in the Nineteenth Century: Evolution of Trade Patterns and Growth Model
Léo Charles
A chapter in Research in Economic History, 2020, vol. 36, pp 1-43 from Emerald Group Publishing Limited
Abstract:
Using an original product level database, this article analyzes the nature and dynamics of Swiss specializations during the “first globalization” (1850–1913). I study the comparative advantages, as well as the evolution of the trade structure, in order to understand economic performance differences between Switzerland and France. Despite differences in terms of market size, some common trends are identified. I also argue that Switzerland's skilled labor force, along with an intelligent choice of economic policy, allowed this country to adapt its specialization structure to global demand and enjoy rapid economic growth.
Keywords: Comparative advantages; margins of trade; economic growth; first globalization; protectionism; international trade; F13; N13; O25 (search for similar items in EconPapers)
Date: 2020
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Working Paper: Specializations in Switzerland in the Nineteenth Century: Evolution of Trade Patterns and Growth Model (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:eme:rehizz:s0363-326820200000036001
DOI: 10.1108/S0363-326820200000036001
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