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The literature on knowledge diffusion shows that it decays strongly with distance. In this paper we document that the probability that a product is added to a country's export basket is, on average, 65% larger if a neighboring country is a successful exporter of that same product. For existing...
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For Adam Smith, wealth was related to the division of labor. As people and firms specialize in different activities, economic efficiency increases, suggesting that development is associated with an increase in the number of individual activities and with the complexity that emerges from the...
Persistent link: https://www.econbiz.de/10008528712
Much of the analysis of economic growth has focused on the study of aggregate output. Here, we deviate from this tradition and look instead at the structure of output embodied in the network connecting countries to the products that they export.We characterize this network using four structural...
Persistent link: https://www.econbiz.de/10008794586
In this paper we establish six stylized facts related to marriage and work in Latin America and present a simple model to account for them. First, skilled women are less likely to be married than unskilled women. Second, skilled women are less likely to be married than skilled men. Third,...
Persistent link: https://www.econbiz.de/10011139836
Countries differ markedly in the diversification of their exports. Products differ in the number of countries that export them, which we define as their ubiquity. We document a new stylized fact in the global pattern of exports: there is a systematic relationship between the diversification of a...
Persistent link: https://www.econbiz.de/10011139854
In this paper we examine several dimensions of gender disparity for a sample of 40 countries using micro-level data. We start by documenting the reversal of the gender education gap and ranking countries by the year in which it reversed. Then we turn to an analysis of the state of other gaps...
Persistent link: https://www.econbiz.de/10011139861
We show that world trade network datasets contain empirical evidence that the dynamics of innovation in the world economy follows indeed the concept of creative destruction, as proposed by J.A. Schumpeter more than half a century ago. National economies can be viewed as complex, evolving...
Persistent link: https://www.econbiz.de/10011139866
In this paper we document that the probability that a product is added to a country’s export basket is, on average, 65% larger if a neighboring country is a successful exporter of that same product. We interpret our result as evidence of international intra-industry knowledge diffusion....
Persistent link: https://www.econbiz.de/10011139867