Engineers, Innovative Capacity and Development in the Americas
67 Pages Posted: 18 Jun 2014
There are 3 versions of this paper
Engineers, Innovative Capacity and Development in the Americas
Engineers, Innovative Capacity and Development in the Americas
Engineers, Innovative Capacity and Development in the Americas
Date Written: June 6, 2014
Abstract
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present in come differences, and, in particular, the poor performance of Latin America relative to North America. This remains the case after controlling for literacy, other higher order human capital, such as lawyers, as well as demand side elements that might be confounded with engineering. The analysis then finds that agglomeration, certain geographical fundamentals, and extractive institutions such as slavery affect innovative capacity. However, a large effect associated with being a Spanish colony remains suggesting important inherited factors.
Keywords: Innovative Capacity, Engineers, Technology Diffusion, Human Capital, Growth, Development, History.
JEL Classification: O1, O31, O33, O4, N1
Suggested Citation: Suggested Citation