Showing 1 - 8 of 8
, they cannot explain the post-1929 increase in trade costs. Protectionism seems the most likely alternative candidate. …
Persistent link: https://www.econbiz.de/10005666542
This Paper provides a summary of what is known about trends in international commodity market integration during the second half of the second millennium. The range of goods that have been traded between continents since the Voyages of Discovery has steadily increased over time, and there has...
Persistent link: https://www.econbiz.de/10005791646
The paper provides a comparative history of the economic impact of the Revolutionary and Napoleonic Wars. By focussing on the relative price evidence, it is possible to show that the conflict had major economic effects around the world. Britain's control of the seas meant that it was much less...
Persistent link: https://www.econbiz.de/10005791845
something else mattered just as much: the opening up of the European economy to international trade. …
Persistent link: https://www.econbiz.de/10005123980
-biased technological change was due to a growth in ``Baconian knowledge'' and international trade. Simulations show that the model does a …
Persistent link: https://www.econbiz.de/10005136461
supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was …
Persistent link: https://www.econbiz.de/10005497925
Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … trade in explaining British living standards or growth rates. We construct a three-region model of the world in which … that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s. This …
Persistent link: https://www.econbiz.de/10011083876
have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper … develops a theoretical model of the relationship between trade and war which can help to explain both these observations …
Persistent link: https://www.econbiz.de/10011084262