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Globalization, De-Industrialization and Mexican Exceptionalism 1750-1879

Dobado Gonzáles, Rafael; Gomez-Galvarriato, Aurora; … - 2021

Like the rest of the poor periphery, Mexico had to deal with de-industrialization forces between 1750 and 1913, those … such huge dimensions. Yet, from independence to mid-century Mexico did better on this score than did most countries around …, and to those attributable to domestic forces specific to Mexico. It uses a neo-Ricardian model (with non …

Persistent link: https://www.econbiz.de/10013245332

The Impact of Imigration on American Labor Markets Prior to the Quotas

Hutton, Timothy J.; Williamson, Jeffrey G. - 2021

Current debate on the impact and assimilation of immigrants into the American labor market sounds remarkably like the debate which eventually triggered the imposition of the quotas in the 1920s. Then as now observers failed to agree on exactly what the impact of the mass migration was on labor...

Persistent link: https://www.econbiz.de/10013244114

The Evolution of Global Labor Markets Since 1830 Background Evidence and Hypotheses

Williamson, Jeffrey G. - 2021

Debate over the economic convergence of currently industrialized nations has suffered a number of shortcomings. First, the underlying data base has typically been limited to Agnus Maddison's GNP and GNP per worker hour. This paper offers a new data base, purchasing-power-parity adjusted real...

Persistent link: https://www.econbiz.de/10013248286

Commodity Price Volatility and World Market Integration Since 1700

Jacks, David S. - 2009

Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know that commodity price volatility is a key source of those shocks. This paper explores commodity and manufactures price over the past three centuries to answer three questions: Has...

Persistent link: https://www.econbiz.de/10012764828

Land, Labor and Globalization in the Pre-Industrial Third World

Williamson, Jeffrey G. - 2021

A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time series on wage/rental ratios, land/labor ratios, the terms of trade, and other explanatory variables for: Argentina, Burma, Egypt, Japan, Korea, the Punjab, Taiwan, Thailand and...

Persistent link: https://www.econbiz.de/10013234038

Vanishing Third World Emigrants?

Hatton, Timothy J.; Williamson, Jeffrey G. - 2021

This paper documents a stylized fact not well appreciated in the literature. The Third World has been undergoing an emigration life cycle since the 1960s, and, except for Africa, emigration rates have been level or even declining since a peak in the late 1980s and the early 1990s. The current...

Persistent link: https://www.econbiz.de/10013313355

Commodity Price Shocks and the Australian Economy Since Federation

Bhattacharyya, Sambit - 2010

Even though Australia has experienced frequent and large commodity export price shocks like the Third World, it seems to have dealt with the volatility better. Why? This paper explores Australian terms of trade volatility since 1901. It identifies two major price shock episodes before the recent...

Persistent link: https://www.econbiz.de/10012757921

Globalization, Growth and Distribution in Spain 1500-1913

Roses, Joan R. - 2010

The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...

Persistent link: https://www.econbiz.de/10012760115

Australian Squatters, Convicts, and Capitalists : Dividing Up a Fast-Growing Frontier Pie 1821-1871

Panza, Laura - 2017

Compared with its nineteenth century competitors, Australian GDP per worker grew exceptionally fast, about twice that of the US and three times that of Britain. This paper asks whether the fast growth performance produced rising inequality. Using a novel data set we offer new evidence supporting...

Persistent link: https://www.econbiz.de/10012955952

Lost Decades : Lessons from Post-Independence Latin America for Today's Africa

Bates, Robert - 2007

Africa and Latin America secured their independence from European colonial rule a century and half apart: most of Latin America after 1820 and most of Africa after 1960. Despite the distance in time and space, they share important similarities. In each case independence was followed by political...

Persistent link: https://www.econbiz.de/10012778235