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Globalization, Growth and Distribution in Spain 1500-1913

Rosés, Joan R. - 2007

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

Measuring ancient inequality

Milanovic, Branko - 2007

"Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...

Persistent link: https://www.econbiz.de/10010521497

Latin American Growth-Inequality Trade-Offs : The Impact of Insurgence and Independence

Williamson, Jeffrey G. - 2010

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

Measuring Ancient Inequality

Milanovic, Branko - 2007

Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...

Persistent link: https://www.econbiz.de/10012465096

Growth, Distribution and Demography : Some Lessons from History

Williamson, Jeffrey G. - 1997

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

The Social Implications of Sugar : Living Costs, Real Incomes and Inequality in Jamaica c1774

Burnard, Trevor - 2017

This paper provides the first quantitative assessment of Jamaican standards of living and income inequality around 1774. To this purpose we compute welfare ratios for a range of occupations and build a social table. We find that the slave colony had extremely high living costs, which rose...

Persistent link: https://www.econbiz.de/10012453817

Latin American Inequality : Colonial Origins, Commodity Booms, or a Missed 20th Century Leveling?

Williamson, Jeffrey G. - 2015

Most analysts of the modern Latin American economy have held the pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, and that it's the Iberian colonists' fault. Thus, modern analysts see today a more unequal Latin America...

Persistent link: https://www.econbiz.de/10012457751

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/10012464805

Globalization, Convergence and History

Williamson, Jeffrey G. - 1995

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

Why Did the Tariff-Growth Correlation Reverse After 1950?

Clemens, Michael A. - 2002

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