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With increasing sophistication, economists have been estimating gravity equations for five decades. Robust evidence shows that borders and distance impede trade by much more than tariffs or transports costs can explain. We therefore advocate investigation of other sources of resistance, despite...
Persistent link: https://www.econbiz.de/10011145400
There are two contrasting views of pre-19th century trade and globalization. First there are the world history scholars … like Andre Gunder Frank who attach globalization ‘big bang' significance to the dates 1492 (Christopher Columbus stumbles … important events in recorded history. Second, there is the view that the world economy was still fragmented before the 19th …
Persistent link: https://www.econbiz.de/10005661898
globalization was by far the dominant force accounting for convergence (and divergence) around the periphery. Some exploited it well …
Persistent link: https://www.econbiz.de/10005124320
This paper documents industrial output growth around the poor periphery (Latin America, the European periphery, the Middle East and North Africa, Asia, and sub-Saharan Africa) between 1870 and 2007. We find that although the roots of rapid peripheral industrialization stretch into the late 19th...
Persistent link: https://www.econbiz.de/10011083854
Why did substantial parts of Europe abandon the institutionalized churches around 1900? Empirical studies using modern …
Persistent link: https://www.econbiz.de/10011083914
have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper …
Persistent link: https://www.econbiz.de/10011084262
, such as elections. We collect new data to document the presence of voluntary and social organizations and the history of …
Persistent link: https://www.econbiz.de/10011213313
its cause? The conventional wisdom in the world history literature offers globalization as the answer: it alleges that … emerged had globalization been a force that mattered. Thus, the trade boom must have been caused by some combination of …
Persistent link: https://www.econbiz.de/10005656143
answer is less. Three centuries of history show unambiguously that economic isolation caused by war or autarkic policy has …, globalization has been good for growth in poor countries at least by diminishing price volatility. But comparative advantage has … never been constant. Globalization increased poor country specialization in commodities when the world went open after the …
Persistent link: https://www.econbiz.de/10005656266
We illustrate the ongoing research line on Growth, History, and Institutions, which adds to economic growth analysis a …. We conclude with policy implications of the Growth, History, and Institutions research line. …
Persistent link: https://www.econbiz.de/10005656343