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Title: Persistence â?? Myth and Mystery

Author(s): Hans-Joachim Voth

Publication Date: October 2020

Keyword(s): Culture, Economic Geography, Long-run persistence and spatial correlation

Programme Area(s): Economic History

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.

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Bibliographic Reference

Voth, H. 2020. 'Persistence â?? Myth and Mystery'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=15417