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.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 4766
- Classification
-
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
- Subject
-
international trade
trade costs
transportation revolution
fertility
economic growth
- Event
-
Geistige Schöpfung
- (who)
-
Azarnert, Leonid V.
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2014
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Azarnert, Leonid V.
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2014
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