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The Role of Bank Restructuring in Recovering from Crises : Mexico 1995-98
Krueger, Anne - 1999
Mexico has experienced since 1995. Although fresh domestic bank lending dried up, tradable firms obtained financing in the …
Persistent link: https://www.econbiz.de/10012471758
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Macroeconomic Volatility in Latin America : A View and Three Case Studies
Caballero, Ricardo J. - 2000
Mexico …
Persistent link: https://www.econbiz.de/10012470968
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Was an Industrial Revolution Inevitable? Economic Growth Over the Very Long Run
Jones, Charles I. - 1999
This paper studies a growth model that is able to match several key facts of economic history. For thousands of years, the average standard of living seems to have risen very little, despite increases in the level of technology and large increases in the level of the population. Then, after...
Persistent link: https://www.econbiz.de/10012471409
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Trade, Technology, and the Great Divergence
O'Rourke, Kevin Hjortshøj - 2019
Why did per capita income divergence occur so dramatically during the 19th Century, rather than at the outset of the Industrial Revolution? How were some countries able to reverse this trend during the globalization of the late 20th Century? To answer these questions, this paper develops a...
Persistent link: https://www.econbiz.de/10012479692
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Openness to Trade and the Spread of Industrialization : Evidence from Canada during the First Era of Globalization
Jaworski, Taylor - 2020
industrialization in the second half of the nineteenth century. We find that industries and regions more exposed to international trade … controlling for these factors, we find that greater exposure to globalization shaped the pattern of regional industrialization in …
Persistent link: https://www.econbiz.de/10012481264
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Globalization and the Great Divergence : Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913
Williamson, Jeffrey G. - 2008
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
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Trade and the Diffusion of the Industrial Revolution
Lucas, Robert E, Jr - 2007
A model is proposed to describe the evolution of real GDPs in the world economy that is intended to apply to all open economies. The five parameters of the model are calibrated using the Sachs-Warner definition of openness and time-series and cross-section data on incomes and other variables...
Persistent link: https://www.econbiz.de/10012465364
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Institutions and Technological Innovation During the Early Economic Growth : Evidence from the Great Inventors of the United States, 1790-1930
Khan, B. Zorina - 2004
Employing a sample of renowned U.S. inventors that combines biographical detail with information on the patents they received over their careers, we highlight the impact of early U.S. patent institutions in providing broad access to economic opportunity and in encouraging trade in new...
Persistent link: https://www.econbiz.de/10012467721
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Financial Development and the Composition of Industrial Growth
Fisman, Raymond - 2003
We re-examine the role of financial market development in the intersectoral allocation of resources. Specifically, we propose the use of a new methodology that looks at the co-movement in growth rates across pairs of countries to examine the role of financial development in allowing firms to...
Persistent link: https://www.econbiz.de/10012469127
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Global Income Divergence, Trade and Industrializatiion : The Geography of Growth Take-Offs
Baldwin, Richard E. - 1998
phenomena - the industrialization and growth take-off of rich northern' nations, massive global income divergence, and rapid …
Persistent link: https://www.econbiz.de/10012472347