G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9878
DP9878 The growing dependence of Britain on trade during the Industrial Revolution
Kevin O'Rourke; Alan M. Taylor; Gregory Clark
发表日期2014-03-09
出版年2014
语种英语
摘要Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for trade in explaining British living standards or growth rates. We construct a three-region model of the world in which Britain trades with North America and the rest of the world, and calibrate the model to data from the 1760s and 1850s. We find that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s. This contrast is robust to a large range of parameter perturbations. Biased technological change and population growth were key in explaining Britain?s growing dependence on trade during the Industrial Revolution.
主题Economic History ; International Trade and Regional Economics
关键词British industrial revolution Colonies Great divergence Growth Specialization Trade
URLhttps://cepr.org/publications/dp9878
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/538712
推荐引用方式
GB/T 7714
Kevin O'Rourke,Alan M. Taylor,Gregory Clark. DP9878 The growing dependence of Britain on trade during the Industrial Revolution. 2014.
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