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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13674 |
DP13674 Trade, Technology, and the Great Divergence | |
Alan M. Taylor; Kevin O'Rourke; Ahmed Rahman | |
发表日期 | 2019-04-14 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Why did per capita income divergence occur so dramatically during the 19th century, rather than at the outset of the Industrial Revolution? How were some countries able to reverse this trend during the globalization of the late 20th century? To answer these questions, this paper develops a trade-and-growth model that captures the key features of the Industrial Revolution and Great Divergence between a core industrializing region and a peripheral and potentially lagging region. The model includes both endogenous biased technological change and intercontinental trade. An Industrial Revolution begins as a sequence of more unskilled-labor-intensive innovations in both regions. We show that the subsequent co-evolution of trade and directed technologies can create a delayed but inevitable divergence in demographics and living standards—the peripheral region increasingly specializes in production that worsens its terms of trade and spurs even greater fertility increases and educational declines. Allowing for eventual technological diffusion between regions can mitigate and even reverse divergence, spurring a reversal of fortune for peripheral regions. |
主题 | Economic History ; International Trade and Regional Economics ; Macroeconomics and Growth |
关键词 | Industrial revolution Unified growth theory Endogenous growth Demography Fertility Education Skill premium “north-south” model “west-east” model |
URL | https://cepr.org/publications/dp13674 |
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/542533 |
推荐引用方式 GB/T 7714 | Alan M. Taylor,Kevin O'Rourke,Ahmed Rahman. DP13674 Trade, Technology, and the Great Divergence. 2019. |
条目包含的文件 | 条目无相关文件。 |
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