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agricultural tariffs, industrial tariffs, and revenue tariffs, for a sample of relatively well-developed countries between 1875 and … 1913. Industrial tariffs were positively correlated with growth. Agricultural tariffs were negatively correlated with … between revenue tariffs and growth. …
Persistent link: https://www.econbiz.de/10005791289
Today's labour-scarce economies have open trade and closed immigration policies, while a century ago they had just the opposite, open immigration and closed trade policies. Why the inverse policy correlation, and why has it persisted for almost two centuries? This paper seeks answers to this...
Persistent link: https://www.econbiz.de/10005114287
that commodity price volatility is a key source of those shocks. This paper explores commodity and manufactures prices over …Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know … the past three centuries to answer three questions: Has commodity price volatility increased over time? The answer is no …
Persistent link: https://www.econbiz.de/10005656266