Working Papers:
Europe Falling Behind: Structural Transformation and Services' Productivity Differences Between Europe and the U.S. (with Cesare Buiatti and Joao Duarte). Revise and resubmit (second round); Journal of International Economics.
Industrialization, Class Conflict, and the Closing Window of Democratic Opportunity (with Stephen Parente and Anna Seim). Reject and resubmit; Review of Economic Dynamics.
The Global Industrial Revolution (with Robert E. Lucas Jr).
Regulation, Taxation, and Economic Development (with John McDermott).
Sovereign Debt Crises with Incomplete Information (with Cesare Buiatti).
The Ricardo Effect: Evidence from Modern Manufacturing in Colombia (with Cesare Buiatti).
Publications:
Bucheli, M. & Sáenz, L.F. (2024). Caffeinated Memories: The Creation of Historical Narratives as Public Goods in the Colombian Coffee Industry. Business History, 66(5), 1259-1283, doi: https://doi.org/10.1080/00076791.2022.2108801
Bucheli, M., Ciravenga, L. & Sáenz, L.F. (2023). The Octopus that Shrank: A Historical Analysis of How Multinationals Address Policy and Contractual Uncertainty in a Global Value Chain. Strategic Management Journal, 44(13), 3289--3323, doi: http://doi.org/10.1002/smj.3537
Parente, S.L., Sáenz, L.F. & Seim, A. (2022). Income, Education and Democracy. Journal of Economic Growth, 27, 193–233, doi: https://doi.org/10.1007/s10887-022-09203-7
L.F. Sáenz. (2022). Time-Varying Capital Intensities and the Hump-Shaped Evolution of Economic Activity in Manufacturing. Journal of Macroeconomics, 73, 103429, doi: https://doi.org/10.1016/j.jmacro.2022.103429. Online Appendix.
Bucheli, M. & Sáenz, L.F. (2014). Export Protectionism and the Great Depression: Multinational Corporations, Domestic Elite, and Export Policies in Colombia. In Paulo Drinot and Alan Knight (Eds.), The Great Depression in Latin America (pp. 129-159). Durham: Duke University Press.
Selected Work in Progress:
Jobless Industrialization (with Laura Alfaro, Marcela Eslava, and Martí Mestieri).
Closing the Agricultural Productivity Gap.
Middle-Income Traps as Equilibria: Theory and Estimation (with Luis Fernando Medina).
Developmentalism and State Autonomy (with Marcelo Bucheli and Luis Fernando Medina).
La llegada de Colombia a la modernidad económica (with Juan Carlos Echeverry).