Persistence - Myth and Mystery

37 Pages Posted: 3 Nov 2020

See all articles by Hans-Joachim Voth

Hans-Joachim Voth

University of Zurich - UBS International Center of Economics in Society; Centre for Economic Policy Research (CEPR)

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Date Written: October 1, 2020

Abstract

Is long-term economic persistence a myth? In this survey, I examine what has been learned from the wave of articles examining the persistence of economic phenomena. The article clarifies some of the concepts, distinguishes different strands of the literature, and questions the validity of recent critiques of persistence papers. While challenges in the form of misattribution and p-hacking abound, this survey concludes that persistence is real, and that future research should focus on mechanisms and the conditions under which persistence breaks down.

Keywords: Culture, Economic Geography, Long-run persistence, spatial correlation

Suggested Citation

Voth, Hans-Joachim, Persistence - Myth and Mystery (October 1, 2020). Available at SSRN: https://ssrn.com/abstract=3723641

Hans-Joachim Voth (Contact Author)

University of Zurich - UBS International Center of Economics in Society ( email )

Raemistrasse 71
Zuerich, 8006
Switzerland

Centre for Economic Policy Research (CEPR)

London
United Kingdom

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