Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/246942 
Autor:innen: 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
EHES Working Papers in Economic History No. 11
Verlag: 
European Historical Economics Society (EHES), s.l.
Zusammenfassung: 
Long-range market integration is an essential component of globalization but it is still comparatively under-researched. The conventional wisdom relies heavily on the case of Atlantic trade in the period after 1870. This paper covers also the Indian Ocean and extends the period under consideration, from Waterloo to World War Two. Integration started in first half of the 19th century, and timing and extent of convergence differed substantially among products. The second part of the paper analyses the causes of the process with a panel regression and puts forwards a tentative estimate of its welfare effects. The key message of the paper is that simple generalizations about the first globalization are not good substitutes for empirical research.
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
262.09 kB





Publikationen in EconStor sind urheberrechtlich geschützt.