Showing 1 - 10 of 103
vindicating the position that the legal system had a marginal role in mitigating agency problems in long-distance trade in this … historical era.** Edwards and Ogilvie constantly present legal actions in non-trade related legal cases as evidence for a … reliance on the legal system for matters pertaining to long-distance trade. Their criticism of Greif's documentary analysis …
Persistent link: https://www.econbiz.de/10003730316
Persistent link: https://www.econbiz.de/10003662131
Persistent link: https://www.econbiz.de/10003662786
What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade … frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international … trade flows. We construct a new balanced sample of bilateral trade flows for 130 country pairs across the Americas, Asia …
Persistent link: https://www.econbiz.de/10003882603
We propose a normative assessment of the value of international trade that is rooted in production theory and embeds … Ricardo's 1817 formulation of the gains from trade into a multi-factor general equilibrium framework. Without imposing strong … the magnitude and the sources of the gains from trade. A high quality data set on product and task-specific factor …
Persistent link: https://www.econbiz.de/10009570570
-rediscovered Roman and canon law; students with legal training served in positions that reduced the uncertainty of trade in the Middle …
Persistent link: https://www.econbiz.de/10010199411
This paper reviews changes in global, between-country and within-country inequality over 1980-2000 against the background of the shifts that occurred in this area during the globalisation of 1870-1914. The paper finds that recent changes in global and between-country inequality are not marked...
Persistent link: https://www.econbiz.de/10011514131
In framework of Rochet and Tirole (2011), I allow for partial merchant internalization and study how MIT threshold is related to levels of inter-change fee that maximize various components of social welfare. I find that cost absorption on the side of issuers and merchant heterogeneity each bias...
Persistent link: https://www.econbiz.de/10011411273
exchange. This paper re-examines the causes of the outstanding success of the Champagne fairs in mediating international trade … crucially on the policies adopted by the public authorities. -- legal system ; medieval Europe ; trade ; private …
Persistent link: https://www.econbiz.de/10009124151
Colonial trade encouraged the colonies to specialise in primary products. Did this prevent in-dustrialisation in the … examine the impact of the temporary collapse in trade between Britain and India due to World War I, on industrialisation and … anti-imperial feelings in India. Exploiting cross-district variation in exposure to the trade shock stemming from initial …
Persistent link: https://www.econbiz.de/10012257838