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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
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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
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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
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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
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Is China's FDI Coming at the Expense of Other Countries?
Eichengreen, Barry - 2005
We analyze how China's emergence as a destination for foreign direct investment is affecting the ability of other countries to attract FDI. We do so using an approach that accounts for the endogeneity of China's FDI. The impact turns out to vary by region. China's rapid growth and attractions as...
Persistent link: https://www.econbiz.de/10012467348
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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
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Speculative Attacks on Pegged Exchange Rates : An Empirical Exploration with Special Reference to the European Monetary System
Eichengreen, Barry - 1994
This paper presents an empirical analysis of speculative attacks on pegged exchange rates in 22 countries between 1967 and 1992. We define speculative attacks or crises as large movements in exchange rates, interest rates, and international reserves. We develop stylized facts concerning the...
Persistent link: https://www.econbiz.de/10012474009
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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
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Land, Labor and Globalization in the Pre-Industrial Third World
Williamson, Jeffrey G. - 2000
A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time …/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …
Persistent link: https://www.econbiz.de/10012470966
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When Did Globalization Begin?
O'Rourke, Kevin H. - 2000
Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the … important events in recorded history. Other world historians insist that globalization stretches back even earlier. There is a … third view which argues that the world economy was fragmented and completely de-globalized before the 19th century. None of …
Persistent link: https://www.econbiz.de/10012471135