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Fluctuations in Overseas Travel by Americans, 1820 to 2000

Dupont, Brandon - 2009

conflict in Europe. We attempt to explain some of the remaining variation for specific episodes in which the actual level of …

Persistent link: https://www.econbiz.de/10012463801

Sources of Convergence in the Late Nineteenth Century

Taylor, Alan M. - 1996

Although the empirical growth literature has yielded many findings on postwar convergence patterns, it has had little to say about the determinants of convergence in earlier epochs. This paper investigates convergence for group of seven countries during the period 1870-1914, the last great phase...

Persistent link: https://www.econbiz.de/10012473027

"Around the European Periphery 1870-1913 : Globalization, Schooling and Growth"

O'Rourke, Kevin H. - 1995

globalization was by far the dominant force accounting for convergence (and divergence) around the periphery. Some exploited it well …

Persistent link: https://www.econbiz.de/10012473475

Mass Migration, Commodity Market Integration and Real Wage Convergence : The Late Nineteenth Century Atlantic Economy

G, Jeffrey, Williamson - 1993

As part of a process that has been at work since 1850, real wages among the current OECD countries converged during the late 19th century. The convergence was pronounced as that which we have seen in the post World War Il period. This paper uses computable general equilibrium models to isolate...

Persistent link: https://www.econbiz.de/10012474580

Which Parts of Globalization Matter for Catch-up Growth?

Romer, Paul M. - 2010

Economists devote too much attention to international flows of goods and services and not enough to international flows of ideas. Traditional trade flows are an imperfect substitute for flows of the underlying ideas. The simplest textbook trade model shows that a welfare-enhancing move toward...

Persistent link: https://www.econbiz.de/10012462900

Global Business Cycles : Convergence or Decoupling?

Kose, M. Ayhan - 2008

globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …

Persistent link: https://www.econbiz.de/10012464278

Globalization and the Great Divergence : Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913

Williamson, Jeffrey G. - 2008

W. Arthur Lewis argued that a new international economic order emerged between 1870 and 1913, and that global terms of trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently, modern economists argue that volatility reduces growth...

Persistent link: https://www.econbiz.de/10012464805

Convergence and International Factor Flows in Theory and History

Taylor, Alan M. - 1996

Standard neoclassical growth models rarely admits international factor mobility: convergence may result from factor accumulation in a closed economy, or from technology transfer. Conventional models are thus poorly equipped to explain the contribution of international factor flows to convergence...

Persistent link: https://www.econbiz.de/10012473035

Globalization, Convergence and History

Williamson, Jeffrey G. - 1995

years were also ones of economic autarky and 'de-globalization', while the rest were ones of increasing globalization in … world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence … causal: the globalization of commodity and factor markets served to play a critical, perhaps the critical, role in …

Persistent link: https://www.econbiz.de/10012473616

Local Versus Global Convergence Across National Economies

Durlauf, Steven N. - 1992

This paper reexamines the ability of the Solow-type growth models to explain the pattern of cross-country growth rates. Recent authors, most notably Mankiw, Romer and Weil [1990], have argued that differences in national growth rates are compatible with the view that each country has access to a...

Persistent link: https://www.econbiz.de/10012474984

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