Showing 1 - 10 of 18
never been constant. Globalization increased poor country specialization in commodities when the world went open after the … of life deep into the 18th century. Does world market integration breed more or less commodity price volatility? The … been associated with much greater commodity price volatility, while world market integration associated with peace and pro …
Persistent link: https://www.econbiz.de/10012463899
that accelerated even more up to 1950-1975. What explains the spread of the industrial revolution world-wide and this … to have taken resource advantages away from the European and North American leaders, and integrating world financial …
Persistent link: https://www.econbiz.de/10012461848
trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently …, modern economists argue that volatility reduces growth in the poor periphery. This paper assess these de-industrialization … divergence between core and periphery. Third, the boom and its de-industrialization impact was only part of the story; growth …
Persistent link: https://www.econbiz.de/10012464805
This paper documents industrial output and labor productivity growth around the poor periphery 1870-1940 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over these seven critical...
Persistent link: https://www.econbiz.de/10012462312
world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence … years were also ones of economic autarky and 'de-globalization', while the rest were ones of increasing globalization in …. 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
This paper uses a new database to establish a key finding: high tariffs were associated with fast growth before World … controlling for novel measures of the changing world economic environment. Rejecting alternative explanations based on changing … head in a world environment characterized by a moderately higher level of generalized tariff protection. We confirm the …
Persistent link: https://www.econbiz.de/10012469529
This paper documents a stylized fact not well appreciated in the literature. The Third World has been undergoing an … estimates the economic and demographic fundamentals driving these Third World emigration life cycles to the United States since …. The projections imply that pressure on Third World emigration over the next two decades will not increase. It also …
Persistent link: https://www.econbiz.de/10012463862
performance we observe there even today. This paper argues to the contrary. Compared with the rest of the world, inequality was …
Persistent link: https://www.econbiz.de/10012463345
performance we observe there even today. This paper argues to the contrary. Compared with the rest of the world, inequality was …
Persistent link: https://www.econbiz.de/10012463881
? How much of Ottoman de-industrialization was due to falling world trade barriers -- ocean transport revolutions and …India and Britain were much bigger players in the 18th century world market for textiles than was Egypt, the Levant and … market to globalization forces and rapid productivity growth in European manufacturing. Other local industries also suffered …
Persistent link: https://www.econbiz.de/10012463884