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Fluctuations in Overseas Travel by Americans, 1820 to 2000
Dupont, Brandon - 2010
conflict in Europe. We attempt to explain some of the remaining variation for specific episodes in which the actual level of …
Persistent link: https://www.econbiz.de/10012757617
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Sources of Convergence in the Late Nineteenth Century
Taylor, Alan M. - 2021
Although the empirical growth literature has yielded many findings on postwar convergence patterns, it has had little to say about the determinants of convergence in earlier epochs. This paper investigates convergence for group of seven countries during the period 1870-1914, the last great phase...
Persistent link: https://www.econbiz.de/10013228017
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"Around the European Periphery 1870-1913 : Globalization, Schooling and Growth"
O'Rourke, Kevin H.; Williamson, Jeffrey G. - 2021
globalization was by far the dominant force accounting for convergence (and divergence) around the periphery. Some exploited it well …
Persistent link: https://www.econbiz.de/10013236789
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Mass Migration, Commodity Market Integration and Real Wage Convergence : The Late Nineteenth Century Atlantic Economy
Williamson, Jeffrey G.; O'Rourke, Kevin H.; Hatton, … - 2021
As part of a process that has been at work since 1850, real wages among the current OECD countries converged during the late 19th century. The convergence was pronounced as that which we have seen in the post World War Il period. This paper uses computable general equilibrium models to isolate...
Persistent link: https://www.econbiz.de/10013246532
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Which Parts of Globalization Matter for Catch-Up Growth?
Romer, Paul M. - 2014
Economists devote too much attention to international flows of goods and services and not enough to international flows of ideas. Traditional trade flows are an imperfect substitute for flows of the underlying ideas. The simplest textbook trade model shows that a welfare-enhancing move toward...
Persistent link: https://www.econbiz.de/10013070271
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Globalization, Democracy and Development
Braga de Macedo, Jorge - 2013
This paper addresses the interactions between globalization, the quality of democracy, and economic convergence using … and globalization. To reflect context, as defined by space (geography) and time (history), we control for the distance to … and globalization put forward by Eichengreen and Leblang (2008) for the period 1870-2000. Focusing on the more recent wave …
Persistent link: https://www.econbiz.de/10013073949
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Globalization and the Great Divergence : Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913
Williamson, Jeffrey G. - 2008
W. Arthur Lewis argued that a new international economic order emerged between 1870 and 1913, and that global terms of trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently, modern economists argue that volatility reduces growth...
Persistent link: https://www.econbiz.de/10012772451
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Global Business Cycles : Convergence or Decoupling?
Kose, M. Ayhan; Otrok, Chris; Prasad, Eswar S. - 2021
globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …
Persistent link: https://www.econbiz.de/10013218837
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Local Versus Global Convergence Across National Economies
Durlauf, Steven N.; Johnson, Paul A. - 2021
This paper reexamines the ability of the Solow-type growth models to explain the pattern of cross-country growth rates. Recent authors, most notably Mankiw, Romer and Weil [1990], have argued that differences in national growth rates are compatible with the view that each country has access to a...
Persistent link: https://www.econbiz.de/10013225142
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Globalization, Convergence and History
Williamson, Jeffrey G. - 2022
years were also ones of economic autarky and 'de-globalization', while the rest were ones of increasing globalization in … world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence … causal: the globalization of commodity and factor markets served to play a critical, perhaps the critical, role in …
Persistent link: https://www.econbiz.de/10013321587