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The article analyses two opposite theories of foreign trade policy: of an advocate of free trade Adam Smith and of a German economist Friedrich List who insisted on a necessity to apply protectionism under certain conditions. It is proved that the methodology applied by F. List in the study of...
Persistent link: https://www.econbiz.de/10010855170
В статье анализируются две противоположные теории внешнеторговой политики: сторонника свободной торговли Адама Смита и немецкого экономиста Фридриха Листа,...
Persistent link: https://www.econbiz.de/10011216064
The goal of this article is twofold. It examines how Friedrich List’s interpretation of the economic dynamics of “tropical” countries (countries located in tropical climates) as nonindustrial exporters of primary commodities fits in his analytical framework and accords with his emphasis on...
Persistent link: https://www.econbiz.de/10010723512
After presenting a broad review of Friedrich List's infant industry argument (Erziehungszollargument) departing from collected works of List, this study aims to compare his ideas with that of Hamilton, Say, Mill, Bastable and Kemp. It underlines the restricted theoretical validity of the...
Persistent link: https://www.econbiz.de/10005837400
This paper presents theory and evidence to show that imperialism was a major factor impeding the spread of the industrial revolution during the century ending in the 1950s. Two empirical results stand out. First, analysis of historical evidence shows that most sovereign countries were...
Persistent link: https://www.econbiz.de/10011111073
In this paper, we develop a Listian model of economic development. The economy consists of a primary sector and a potential industrial sector that can arise via industrialization. Industrialization however depends on if the primary sector specializes on the primary product, which can lead to a...
Persistent link: https://www.econbiz.de/10011194292
Persistent link: https://www.econbiz.de/10010894176