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Made in America? The New World, the Old, and the Industrial Revolution

Clark, Gregory; O'Rourke, Kevin Hjortshøj; Taylor, Alan M. - C.E.P.R. Discussion Papers - 2008

For two decades, the consensus explanation of the British Industrial Revolution has placed technological change and the supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations have placed an emphasis on the importance of trade...

Persistent link: https://www.econbiz.de/10005497925

The growing dependence of Britain on trade during the Industrial Revolution

Clark, Gregory; O'Rourke, Kevin Hjortshøj; Taylor, Alan M. - C.E.P.R. Discussion Papers - 2014

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

Distributional Impact of Commodity Price Shocks: Australia over a Century

Bhattacharyya, Sambit; Williamson, Jeffrey G - C.E.P.R. Discussion Papers - 2013

agricultural commodities. A sustained increase in the price of renewables (wool) reduces inequality whereas the same for non …

Persistent link: https://www.econbiz.de/10011084231

Trade openness and spatial inequality in emerging countries

Ezcurra, Roberto; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2013

Emerging world countries have experienced over the last two decades a significant change in their trade patterns. Bold trade reforms have been followed by rapid rises in international trade levels. However, despite these radical changes, we know remarkably little about how changes in trade...

Persistent link: https://www.econbiz.de/10011084500

Trade Strategy, Investment and Exports: Another Look at East Asia

Rodrik, Dani - C.E.P.R. Discussion Papers - 1995

The export booms in South Korea and Taiwan starting in the early 1960s are anomalous when compared with later export booms in other, non-East Asian countries such as Chile and Turkey. First, these booms have taken place in the context of comparatively small changes in relative prices in favour...

Persistent link: https://www.econbiz.de/10005661548

Services Policy Reform and Economic Growth in Transition Economies, 1990-2004

Eschenbach, Felix; Hoekman, Bernard - C.E.P.R. Discussion Papers - 2006

Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment and international transactions. However, large differences exist across transition economies with respect to services intensity and services...

Persistent link: https://www.econbiz.de/10005662114

Price Distortions and Economic Growth in Sub-Saharan Africa

Anderson, Kym; Brückner, Markus - C.E.P.R. Discussion Papers - 2011

To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...

Persistent link: https://www.econbiz.de/10009246604

The Commodity Export, Growth, and Distribution Connection in Southeast Asia 1500-1940

Williamson, Jeffrey G - C.E.P.R. Discussion Papers - 2013

This paper explores Southeast Asia's trade performance over the four and a half centuries from 1500 to 1940. It identifies the determinants of the commodity export performance – falling trade costs, income growth of its trading partners, and improved supply conditions at home. It also explores...

Persistent link: https://www.econbiz.de/10011084313

The Global Welfare Impact of China: Trade Integration and Technological Change

di Giovanni, Julian; Levchenko, Andrei A.; Zhang, Jing - C.E.P.R. Discussion Papers - 2013

This paper evaluates the global welfare impact of China's trade integration and technological change in a multi …-country quantitative Ricardian-Heckscher-Ohlin model. We simulate two alternative growth scenarios: a "balanced" one in which China …'s productivity grows at the same rate in each sector, and an "unbalanced" one in which China's comparative disadvantage sectors catch …

Persistent link: https://www.econbiz.de/10011084266

Policy Uncertainty, Trade and Welfare: Theory and Evidence for China and the U.S.

Handley, Kyle; Limão, Nuno - C.E.P.R. Discussion Papers - 2013

We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO …

Persistent link: https://www.econbiz.de/10011083973