Trade and the great divergence: The family connection

Arbeitspapier

This research argues that the rapid expansion of international trade in the second phase of the industrial revolution has played a major role in the timing of demographic transitions across countries and has thereby been a significant determinant of the distribution of world population and a prime cause of the ‘Great Divergence’ in income per capita across countries in the last two centuries. The analysis suggests that international trade had an asymmetrical effect on the evolution of industrial and non-industrial economies. While in the industrial nations the gains from trade were directed primarily towards investment in education and growth in output per capita, a significant portion of the gains from trade in non-industrial nations was channeled towards population growth.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2006-01

Classification and Topics

• Classification: Wirtschaft ; Economic Growth and Aggregate Productivity: General ; Neoclassical Models of Trade ; Economic Growth of Open Economies ; Demographic Economics: General ; Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: General, International, or Comparative
• Subject: International Trade ; Demographic Transition ; Industrial Revolution ; Growth ; Human Capital ; Außenwirtschaft ; Industrialisierung ; Humankapital ; Overlapping Generations ; Theorie ; Demographischer Übergang

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Galor, Oded ; Mountford, Andrew
• Event: Veröffentlichung
• (who): Brown University, Department of Economics
• (where): Providence, RI
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/80124
• Last update: 10.03.2025, 11:45 AM CET