Arbeitspapier

Transportation Costs and the Great Divergence

This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading economies. In contrast, reductions in transportation costs of non-industrial goods contribute to a further divergence across countries.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 4766

Klassifikation
Wirtschaft
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
Economic Growth and Aggregate Productivity: General
Thema
international trade
trade costs
transportation revolution
fertility
economic growth

Ereignis
Geistige Schöpfung
(wer)
Azarnert, Leonid V.
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Azarnert, Leonid V.
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2014

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