G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3380
DP3380 FDI, Infrastructure and the Welfare Effects of Labour Migration
Frank Barry
发表日期2002-05-20
出版年2002
语种英语
摘要A recent endogenous growth literature has focused on the transition from a Malthusian world where real wages were linked to factor endowments, to one where modern growth has broken that link. In this Paper we present evidence on another, related phenomenon: the dramatic reversal in distributional trends ? from a steep secular fall to a steep secular rise in wage-land rent ratios ? which occurred some time early in the 19th century. What explains this reversal? While it may seem logical to locate the causes in the Industrial Revolutionary forces emphasized by endogenous growth theorists, we provide evidence that something else mattered just as much: the opening up of the European economy to international trade.
主题International Macroeconomics ; International Trade and Regional Economics
关键词Malthus Growth Trade Distribution
URLhttps://cepr.org/publications/dp3380
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532404
推荐引用方式
GB/T 7714
Frank Barry. DP3380 FDI, Infrastructure and the Welfare Effects of Labour Migration. 2002.
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