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Industrial policy and the great divergence
Juhász, Réka; Steinwender, Claudia - 2023
, primarily, but not exclusively, fostering industrialization. We discuss the thin, but growing literature that evaluates the …
Persistent link: https://www.econbiz.de/10014391314
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Protectionism and economic growth : causal evidence from the first era of globalization
Potrafke, Niklas; Ruthardt, Fabian; Wüthrich, Kaspar - 2020
We investigate how protectionist policies influence economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. We employ the...
Persistent link: https://www.econbiz.de/10012387616
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Trade and currency weapons
Bénassy-Quéré, Agnès; Bussière, Matthieu; Wibaux, … - 2018 - May 31, 2018 - first draft
The debate on trade wars and currency wars has re-emerged since the Great recession of 2009. We study the two forms of non-cooperative policies within a single framework. First, we compare the elasticity of trade flows to import tariffs and to the real exchange rate, based on product level data...
Persistent link: https://www.econbiz.de/10011864529
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Ambiguous protection
Gruendler, Klaus; Hillman, Arye L. - 2021
Import regulations are globally the most prevalent form of intervention in international trade. The regulations should, under rules of the WTO, protect consumers and the environment but can be used to protect producers. We investigate the ambiguity of intent. We set out a model that when applied...
Persistent link: https://www.econbiz.de/10012432992
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Is industrialization conducive to long-run prosperity?
Franck, Raphaël; Galor, Oded - 2015 - This version: April 30th, 2015
This research explores the long-run effect of industrialization on the process of development. In contrast to … subsequent decades. Nevertheless, early industrialization had an adverse effect on income per capita, employment and equality by … that the characteristics that permitted the onset of industrialization, rather than the adoption of industrial technology …
Persistent link: https://www.econbiz.de/10010518787
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The complementary between technology and human capital in the early phase of industrialization
Franck, Raphaël; Galor, Oded - 2015 - This Version: July 21st, 2015
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …
Persistent link: https://www.econbiz.de/10011309633
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Capital-skill complementarity and the emergence of labor emancipation
Ashraf, Quamrul H.; Cinnirella, Francesco; Galor, Oded; … - 2017
plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …
Persistent link: https://www.econbiz.de/10011638304
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Catch me iIf you can : education and catch-up in the industrial revolution
Becker, Sascha O.; Hornung, Erik; Woessmann, Ludger - 2009
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the … Industrial Revolution. -- human capital ; industrialization ; Prussian economic history …
Persistent link: https://www.econbiz.de/10003888965
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Geography, non-homotheticity, and industrialization : a quantitative analysis
Breinlich, Holger; Cuñat, Alejandro - 2012
We propose a quantitative framework for the analysis of industrialization in which specialization in manufacturing or … lowering of trade barriers. -- industrialization ; economic geography ; international trade …
Persistent link: https://www.econbiz.de/10009621748
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The quantitative importance of openness in development
Cai, Wenbiao; Ravikumar, B.; Riezman, Raymond Glenn - 2013
stagnation in a traditional technology to industrialization and prosperity with a modern technology - be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …
Persistent link: https://www.econbiz.de/10010189831