Arbeitspapier

Trade and the great divergence: The family connection

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.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2006-01

Klassifikation
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
Thema
International Trade
Demographic Transition
Industrial Revolution
Growth
Human Capital
Außenwirtschaft
Industrialisierung
Humankapital
Overlapping Generations
Theorie
Demographischer Übergang

Ereignis
Geistige Schöpfung
(wer)
Galor, Oded
Mountford, Andrew
Ereignis
Veröffentlichung
(wer)
Brown University, Department of Economics
(wo)
Providence, RI
(wann)
2006

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Galor, Oded
  • Mountford, Andrew
  • Brown University, Department of Economics

Entstanden

  • 2006

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