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Is Globalization Today Really Different than Globalization a Hunderd Years Ago?

Bordo, Michael D.; Eichengreen, Barry; Irwin, Douglas A. - 2021

for the United States but also with reference to the wider world. We establish the outlines of international integration a … century ago and analyze the institutional and informational impediments that prevented the late nineteenth century world from … achieving the same degree of integration as today. We conclude that the world today is different: commercial and financial …

Persistent link: https://www.econbiz.de/10013214589

Institutions Rule : The Primacy of Institutions Over Geography and Integration in Economic Development

Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - 2021

world, using recently developed instruments for institutions and trade. Our results indicate that the quality of …

Persistent link: https://www.econbiz.de/10013224849

Does Trade Raise Income? Evidence from the Twentieth Century

Irwin, Douglas A.; Terviö, Marko - 2021

pre- World War I, the interwar, and the post-war periods, this paper finds that the Frankel-Romer result is robust to …

Persistent link: https://www.econbiz.de/10013244732

Growth Accelerations

Hausmann, Ricardo; Pritchett, Lant; Rodrik, Dani - 2022

Unlike most cross-country growth analyses, we focus on turning points in growth performance. We look for instances of rapid acceleration in economic growth that are sustained for at least eight years and identify more than 80 such episodes since the 1950s. Growth accelerations tend to be...

Persistent link: https://www.econbiz.de/10013321621

Coping with Shocks and Shifts : The Multilateral Trading System in Historical Perspective

Irwin, Douglas A. - 2013

shifts. By shocks we mean sudden jolts to the world economy in the form of financial crises and deep recessions, or wars and …

Persistent link: https://www.econbiz.de/10013092123

The Role of History in Bilateral Trade Flows

Eichengreen, Barry; Irwin, Douglas A. - 2021

This paper investigates the theory and evidence that history plays a role in shaping the direction of international trade. Because there are reasons to anticipate a positive correlation between the predominant direction of trade flows in the past and membership in preferential arrangements in...

Persistent link: https://www.econbiz.de/10013212584

Globalization, Structural Change and Productivity Growth

McMillan, Margaret - 2011

Large gaps in labor productivity between the traditional and modern parts of the economy are a fundamental reality of developing societies. In this paper, we document these gaps, and emphasize that labor flows from low-productivity activities to high-productivity activities are a key driver of...

Persistent link: https://www.econbiz.de/10013123689

Trade Politics and the Semiconductor Industry

Irwin, Douglas A. - 2021

in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five …

Persistent link: https://www.econbiz.de/10013310555

The Impact of Federation on Australia's Trade Flows

Irwin, Douglas A. - 2006

In 1901, six Australian states joined together in political and economic union, creating an internal free trade area and adopting a common external tariff. This paper investigates the impact of federation on Australia's internal and international trade flows by studying changes in the...

Persistent link: https://www.econbiz.de/10012780325

The Smoot-Hawley Tariff : A Quantitative Assessment

Irwin, Douglas A. - 2021

In the two years after the imposition of the Smoot-Hawley tariff in June 1930, the volume of U.S. imports fell over 40 percent. To what extent can this collapse of trade be attributed to the tariff itself versus other factors such as declining income or foreign retaliation? Partial and general...

Persistent link: https://www.econbiz.de/10013218720