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Protectionism and economic growth : causal evidence from the first era of globalization
Potrafke, Niklas; Ruthardt, Fabian; Wüthrich, Kaspar - 2020
We investigate how protectionist policies influence economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. We employ the...
Persistent link: https://www.econbiz.de/10012387616
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Protectionism and economic growth : causal evidence from the first era of globalization
Potrafke, Niklas; Ruthardt, Fabian; Wüthrich, Kaspar - 2021
We investigate how protectionist policies influence short-run economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. We...
Persistent link: https://www.econbiz.de/10013337792
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Protectionism and Economic Growth: Causal Evidence from the First Era of Globalization
Potrafke, Niklas; Ruthardt, Fabian; Wüthrich, Kaspar - 2020
We investigate how protectionist policies influence economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. We employ the...
Persistent link: https://www.econbiz.de/10012425665
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Protectionism and economic growth: Causal evidence from the first era of globalization
Ruthardt, Fabian; Potrafke, Niklas; Wüthrich, Kaspar - 2021
We investigate how protectionist policies influence short-run economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. We...
Persistent link: https://www.econbiz.de/10012623171
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Trade and Economic Growth: Historical Evidence
Schularick, M.; Solomou, S. - Faculty of Economics, University of Cambridge - 2009
described as the first era of globalization. Studies of the period 1870-1914 have emphasised that protectionist tariff policy … were key determinants of economic growth. The paradox of this era of globalization is not that free trade was bad for …
Persistent link: https://www.econbiz.de/10008528487
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Does financial integration spur economic growth? : new evidence from the first era of financial globalization
Schularick, Moritz; Steger, Thomas M. - 2006 - This version: March 2006
economic growth of peripheral economies during the so-called first age of financial globalization before 1914. For this paper … globalization. Our temptative explanation for this marked difference between now and then stresses property rights protection as a …
Persistent link: https://www.econbiz.de/10011793640
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West versus East : Early Globalization and the Great Divergence
Dobado Gonzáles, Rafael - 2013
) a search for statistical evidence in the East of an “Early Globalization” comparable to the one ongoing in the West by … (agents, policies, etc.) and with dissimilar effects on long-run economic growth; 3) the absence of an “Early Globalization …
Persistent link: https://www.econbiz.de/10013078780
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Les controverses autour du paradoxe Bairoch, quel bilan d'étape?
Becuwe, Stéphane; Blancheton, Bertrand - In: Revue d'économie politique 123 (2013) 1, pp. 1-27
Persistent link: https://www.econbiz.de/10009764544
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Return of the Tariffs : The Interwar Trade Collapse Revisited
Adam, Marc Christopher - 2019
Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the …
Persistent link: https://www.econbiz.de/10012867397
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Public Debt and Economic Growth : New Evidence of the Non-Linearity
Djiogap, Constant - 2016
The aim of this paper is to address the relationship between public debt and economic growth. The paper uses the PSTR model to a broad panel data set for 126 industrialized and developing countries over the period of 1964-2014. We divide the data set into four groups, namely, high income...
Persistent link: https://www.econbiz.de/10012979710