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Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for trade in explaining British living standards or growth rates. We construct a three-region model of the world in which Britain trades with North America and the rest of the world,...
Persistent link: https://www.econbiz.de/10011083876
two "integration episodes", the development of an economic union between Portugal and its African colonies and the …
Persistent link: https://www.econbiz.de/10005792495
This paper discusses the existence of 'home' biases in the 19th century global capital market, whereby colonies appear … that colonies were more akin to the 'regions' of modern countries …
Persistent link: https://www.econbiz.de/10005123494
former colonies of the same empire erodes as much as trade with the metropole, whereas trade with third countries exhibits …
Persistent link: https://www.econbiz.de/10005497770
have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … trade with the rest of the world, not the American colonies, that allowed Britain to export its rapidly expanding textile …
Persistent link: https://www.econbiz.de/10005497925
With increasing sophistication, economists have been estimating gravity equations for five decades. Robust evidence shows that borders and distance impede trade by much more than tariffs or transports costs can explain. We therefore advocate investigation of other sources of resistance, despite...
Persistent link: https://www.econbiz.de/10011145400
, such as elections. We collect new data to document the presence of voluntary and social organizations and the history of …
Persistent link: https://www.econbiz.de/10011213313
This paper documents industrial output and labor productivity growth around the poor periphery 1870-1975 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over this critical century. The...
Persistent link: https://www.econbiz.de/10008915805
research agenda which accounts not only for basic economic and demographic factors, but also for the role of history and … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history …
Persistent link: https://www.econbiz.de/10009225960
This paper documents industrial output growth around the poor periphery (Latin America, the European periphery, the Middle East and North Africa, Asia, and sub-Saharan Africa) between 1870 and 2007. We find that although the roots of rapid peripheral industrialization stretch into the late 19th...
Persistent link: https://www.econbiz.de/10011083854