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The Heckscher-Ohlin Model Between 1400 and 2000 : When It Explained Factor Price Convergence, When It Did Not, and Why

O'Rourke, Kevin H. - 1999

There are two contrasting views of pre-19th century trade and globalization. First, there are the world history … scholars like Andre Gunder Frank who attach globalization 'big bang' significance to the dates 1492 (Christopher Colombus …

Persistent link: https://www.econbiz.de/10012471370

Globalization in Latin America Before 1940

Williamson, Jeffrey G. - 2003

globalization? Why was industrialization so weak? Why was inequality on the rise? This paper offers an answer to these questions. It … massive de-globalization during the decades of lost growth' between the 1820s and the 1870s. Next, it documents what happened … World War I, while it fell thereafter. The correlation between globalization and inequality is likely to have been causal …

Persistent link: https://www.econbiz.de/10012469011

Winners and Losers Over Two Centuries of Globalization

Williamson, Jeffrey G. - 2002

The world has seen two globalization booms over the past two centuries, and one bust. The first global century ended … globalization on commodity price structure, the causes of protection, the impact of world migration on poverty eradication, and the …

Persistent link: https://www.econbiz.de/10012469549

Was It Stolper-Samuelson, Infant Industry or Something Else? World Trade Tariffs 1789-1938

Williamson, Jeffrey G. - 2003

This paper uses history to explore the empirical content of two determinants of tariff policy that have a long pedigree: the Stolper-Samuelson corollary to the Heckscher-Ohlin theorem, and the infant-industry argument for protection. It reports a set of world tariff facts for the 150 years...

Persistent link: https://www.econbiz.de/10012469042

Inequality Within Countries is Falling : Underreporting-Robust Estimates of World Poverty, Inequality and the Global Distribution of Income

Pinkovskiy, Maxim; Sala-i-Martin, Xavier; … - National Bureau of Economic Research - 2024

Household surveys suffer from persistent and growing underreporting. We propose a novel procedure to adjust reported survey incomes for underreporting by estimating a model of misreporting whose main parameter of interest is the elasticity of regional national accounts income to regional survey...

Persistent link: https://www.econbiz.de/10014512057

When Did Globalization Begin?

O'Rourke, Kevin H. - 2000

Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the … important events in recorded history. Other world historians insist that globalization stretches back even earlier. There is a … integration of markets between trading economies (e.g., the central manifestation of globalization, commodity price convergence …

Persistent link: https://www.econbiz.de/10012471135

Vanishing Third World Emigrants?

Hatton, Timothy J. - 2009

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/10012463862