The New Comparative Economic History: Essays in Honor of Jeffrey G. Williamson

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T. J. Hatton, Kevin H. O'Rourke, Alan M. Taylor
MIT Press, 2007 - 417 Seiten

Essays by internationally prominent economists examine long run cross-country economic trends from the perspective of New Comparative Economic History, an approach pioneered by Harvard economist Jeffrey G. Williamson.

The innovative approach to economic history known as the New Comparative Economic History represents a distinct change in the way that many economic historians view their role, do their work, and interact with the broader economics profession. The New Comparative Economic History reflects a belief that economic processes can best be understood by systematically comparing experiences across time, regions, and, above all, countries. It is motivated by current questions that are not nation specific--the sources of economic growth, the importance of institutions, and the impact of globalization--and focuses on long-run trends rather than short-run ups and downs in economic activity. The essays in this volume offer a New Economic Comparative History perspective on a range of topics and are written in honor of Jeffrey G. Williamson, the most distinguished and influential scholar in the field.

The contributors, prominent American and European economists, consider such topics as migration, education, and wage convergence; democracy and protectionism in the nineteenth century; trade and immigration policies in labor-scarce economies; and the effect of institutions on European productivity and jobs.

 

Inhalt

The New Comparative Economic History
1
1 India in the Great Divergence
9
2 What Made Britannia Great? How Much of the Rise of Britain to World Dominance by 1850 Does the Industrial Revolution Explain?
33
3 Did European Commodity Prices Converge during 1500 1800?
59
4 Market Integration and Convergence in the World Wheat Market 18002000
87
The Other Grain Invasion
115
The Evolution of Bank Capital in the Industrialized World
141
7 Education Migration and Regional Wage Convergence in US History
165
Why Did Countries Exit the Interwar Gold Standard?
241
11 Were Jews Political Refugees or Economic Migrants? Assessing the Persecution Theory of Jewish Emigration 18811914
267
A LongRun Exploration
291
13 The Convergence of Living Standards in the Atlantic Economy 18701930
317
Economic Success and WellBeing in the Longer Run
343
Which Institutions Really Mattered?
365
Afterword
395
Contributors
401

8 Democracy and Protectionism
193
Why Have Trade and Immigration Policies Always Differed in LaborScarce Economies?
217

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