Similar Search Results

Freight Rates and Productivity Gains in British Tramp Shipping 1869-1950

Mohammed, Saif I. Shah - 2003

The standard source for pre-WWII global freight rate trends is the Isserlis British tramp shipping index. We think it … the precipitous decline in nominal freight rates before the World War I, but it also extends the series to the 1940s …. Furthermore, our new series is linked to the post-World War II era (documented by David Hummels), so that we can be more precise …

Persistent link: https://www.econbiz.de/10012469171

Globalization, Convergence and History

Williamson, Jeffrey G. - 1995

world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence …. But is the correlation spurious? When the pre-World War I years are examined in detail, the correlation turns out to be …

Persistent link: https://www.econbiz.de/10012473616

Secular Stagnation? The Effect of Aging on Economic Growth in the Age of Automation

Acemoglu, Daron - 2017

Several recent theories emphasize the negative effects of an aging population on economic growth, either because of the lower labor force participation and productivity of older workers or because aging will create an excess of savings over desired investment, leading to secular stagnation. We...

Persistent link: https://www.econbiz.de/10012455604

Did Vasco da Gama Matter for European Markets? Testing Frederick Lane's Hypotheses Fifty Years Later

O'Rourke, Kevin H. - 2005

spice markets were already well integrated with those in Iberia and northern Europe, implying that Portugal could not have …

Persistent link: https://www.econbiz.de/10012466787

Capital Goods Prices, Global Capital Markets and Accumulation : 1870-1950

Collins, William J. - 1999

variety of tests for world financial capital market integration ranging from the correlation of saving and investment …

Persistent link: https://www.econbiz.de/10012471649

Capital Goods Prices, Global Capital Markets and Accumulation, 1870-1950

Collins, William J. - 1999

variety of tests for world financial capital market integration ranging from the correlation of saving and investment …

Persistent link: https://www.econbiz.de/10012471889

Managing Innovation in a Crowd

Acemoglu, Daron - 2014

Crowdsourcing is an emerging technology where innovation and production are sourced out to the public through an open call. At the center of crowdsourcing is a resource allocation problem: there is an abundance of workers but a scarcity of high skills, and an easy task assigned to a high-skill...

Persistent link: https://www.econbiz.de/10012458801

Innovation Network

Acemoglu, Daron - 2016

Technological progress builds upon itself, with the expansion of invention in one domain propelling future work in linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its strength. Past innovation network structures are...

Persistent link: https://www.econbiz.de/10012455897

Measuring ancient inequality

Milanovic, Branko - 2007

"Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...

Persistent link: https://www.econbiz.de/10010521497

Reversal of Fortune : Geography and Institutions in the Making of the Modern World Income Distribution

Acemoglu, Daron - 2001

Among countries colonized by European powers during the past 500 years those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for economic prosperity. This reversal is...

Persistent link: https://www.econbiz.de/10012470258