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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

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

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

Distribution Margins, Imported Inputs, and the Sensitivity of the CPI to Exchange Rates

Goldberg, Linda S. - 2006

Border prices of traded goods are highly sensitive to exchange rates, but the CPI, and the retail prices of these goods, are more stable. Our paper decomposes the sources of this stability for twenty-one OECD countries, focusing on the important roles of distribution margins and imported inputs...

Persistent link: https://www.econbiz.de/10012466548

Exchange Rate Pass-Through into Import Prices : A Macro or Micro Phenomenon?

Campa, Jose Manuel - 2002

Exchange rate regime optimality, as well as monetary policy effectiveness, depends on the tightness of the link between exchange rate movements and import prices. Recent debates hinge on whether producer-currency-pricing (PCP) or local currency pricing (LCP) of imports is more prevalent, and on...

Persistent link: https://www.econbiz.de/10012469780

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

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

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

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