Nathan Lane, PhD

I’m an economist and professor working at the intersection of economic development, political economy, and applied machine learning. Find my research here.

My work has appeared in The New York Times, The Economist, The Financial Times, The Wall Street Journal, Noahpinion, Trade Talks, and more.

I am faculty at the LSE Department of International Development. I’m also an affiliate of the CESifo Research Network and a cofounder of Sodalabs.io.

Recent Research

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Geopolitics and Export Miracles: Firm-Level Evidence from U.S. War Procurement in Korea

U.S. war procurement during the Vietnam War—a shock worth 2.9 percent of South Korea’s GDP—spurred the country’s export-led industrialization. Using new firm-level data, we show that winning a contract sharply raised firms’ exports and entry into global markets. The policy’s lasting effects reveal a neglected channel through which Cold War geopolitics shaped East Asia’s economic rise

Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea

I study the impact of industrial policy on industrial development by considering an important episode during the East Asian miracle: South Korea's heavy and chemical industry (HCI) drive, 1973--1979. Based on newly assembled data, I use the introduction and termination of industrial policies to study their impacts during and after the intervention period.

Measuring Industrial Policy: A Text-Based Approach

We provide a new, text-based approach to measuring industrial policy at scale and deliver a global data set on industrial policy practice.

Recent Writing

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New measures reveal a growing industrial policy divide

New measures reveal that advanced economies are leading a global surge in industrial policy—developing countries must navigate the consequences. By Reka Juhasz, Nathan Lane, Emily Oehslen, and Veronica Perez on VoxDev.

Not a ‘side dish’: New industrial policy and competition

Industrial policy is undergoing a major resurgence. Spurred by multiple overlapping crises, economists have been seeking to draw lessons from the past, while policymakers have had to take urgent action. This column describes how the paradigm shift in ‘industrial strategy’ in the US has been...

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