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Globalization in Latin America Before 1940

Williamson, Jeffrey G. - 2003

globalization? Why was industrialization so weak? Why was inequality on the rise? This paper offers an answer to these questions. It … on net weak early industrialization. Finally, the paper documents that inequality rose in most of Latin America up to …

Persistent link: https://www.econbiz.de/10012469011

Was It Prices, Productivity or Policy? The Timing and Pace of Latin American Industrialization after 1870

Galvarriato, Aurora Gómez - 2008

Brazil, Mexico and a few other Latin American republics enjoyed faster industrialization after 1870 than did the rest … the secular rise in the net barter terms of trade which reversed de-industrialization forces, thus favoring manufacturing … contributed most to industrialization among the Latin American leaders, long before their mid 20th century adoption of ISI …

Persistent link: https://www.econbiz.de/10012464656

Heterogeneous Paths of Industrialization

Huneeus, Federico - 2020

Industrialization experiences differ significantly across countries. We use a bench-mark model of structural change to … countries can generate variation in industrialization experiences similar to those found in the data, including premature …

Persistent link: https://www.econbiz.de/10012481434

Financing Invention During the Second Industrial Revolution : Cleveland, Ohio, 1870-1920

Lamoreaux, Naomi R. - 2004

For those who think of Cleveland as a decaying rustbelt city, it may seem difficult to believe that this northern Ohio port was once a hotbed of high-tech startups, much like Silicon Valley today. During the late nineteenth and early twentieth centuries, Cleveland played a leading role in the...

Persistent link: https://www.econbiz.de/10012467764

Technical Change and the Wage Structure During the Second Industrial Revolution : Evidence from the Merchant Marine, 1865-1912

Chin, Aimee - 2004

Using a large, individual-level wage data set, we examine the impact of a major technological innovation the steam engine on skill demand and the wage structure in the merchant shipping industry. We find that the technical change created a new demand for skilled workers, the engineers, while...

Persistent link: https://www.econbiz.de/10012467962

The Rate and Direction of Invention in the British Industrial Revolution : Incentives and Institutions

Meisenzahl, Ralf - 2011

During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But why was Britain the technological leader? We argue that one hitherto little recognized British advantage was the supply of highly skilled, mechanically able craftsmen who were...

Persistent link: https://www.econbiz.de/10012461665

Luddites and the Demographic Transition

O'Rourke, Kevin Hjortshøj - 2008

, and the transition to skill-biased technological change. The simulated model tracks British industrialization in the 18th …

Persistent link: https://www.econbiz.de/10012464163

Economic Backwardness in Political Perspective

Acemoglu, Daron - 2002

We construct a simple model where political elites may block technological and institutional development, because of a 'political replacement effect'. Innovations often erode elites' incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political elites...

Persistent link: https://www.econbiz.de/10012469884

The Transition to a New Economy After the Second Industrial Revolution

Atkeson, Andrew - 2001

During the Second Industrial Revolution, 1860-1900, many new technologies, including electricity, were invented. These inventions launched a transition to a new economy, a period of about 70 years of ongoing, rapid technical change. After this revolution began, however, several decades passed...

Persistent link: https://www.econbiz.de/10012470039

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