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Edwards and Ogilvie (2008) dispute the empirical basis for the view (Greif, e.g., 1989, 1994, 2006) that multilateral reputation mechanism mitigated agency problems among the eleventh-century Maghribi traders. They assert that the relations among merchants and agents were law-based. This paper...
Persistent link: https://www.econbiz.de/10003730316
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We analyze the transmission of global financial crisis to business cycles in China and India. The pattern of business …
Persistent link: https://www.econbiz.de/10003861779
Southeast Asia. In view of slowdown in growth and even recession in advanced economies as a result of the adverse impact of the … toward rising middle class of Asia. To successfully implement the new initiative of "Make in India", India needs to be … service networks will grow and contribute to the rapid growth in China, India, and Southeast Asian countries, especially from …
Persistent link: https://www.econbiz.de/10011387468
manufacturing firms from China. We use two firm-level datasets from China: one from metropolitan cities, and one from provincial …
Persistent link: https://www.econbiz.de/10011615502
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 assumptions on consumer rationality or data from the...
Persistent link: https://www.econbiz.de/10009570570
We present new data documenting medieval Europeś "Commercial Revolution" using information on the establishment of markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic activity, examining the foundation of Germanyś first...
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
Persistent link: https://www.econbiz.de/10003662131