Showing 1 - 9 of 9
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
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/10012465599
Did independence push Latin America down a growth-inequality trade-off? During the late colonial decades, the region completed two centuries of growth unmatched anywhere and inequality reached spectacular heights. During the half century after insurgency and independence, inequality fell steeply...
Persistent link: https://www.econbiz.de/10012462972
forces thought to have an impact on inequality can be offset or reinforced" by demography, skill supply and globalization …. This paper assesses the role of globalization and" demography via mass migrations. Second, why has it taken economists so …
Persistent link: https://www.econbiz.de/10012472568
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
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/10012464805
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/10012473616
This paper uses a new database to establish a key finding: high tariffs were associated with fast growth before World War II, while associated with slow growth thereafter. The paper offers some explanations for the sign switch by controlling for novel measures of the changing world economic...
Persistent link: https://www.econbiz.de/10012469529
The demographic transition a change from high to low rates of mortality and fertility has been more dramatic in East Asia during this century than in any other region or historical period. By introducing demographic variables into an empirical model of economic growth, this essay shows that this...
Persistent link: https://www.econbiz.de/10012472544