G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15076
DP15076 Populism and the First Wave of Globalization: Evidence from the 1892 US Presidential Election
Alex Klein; Karl Gunnar Persson; Paul Sharp
发表日期2020-07-21
出版年2020
语种英语
摘要The reasons for the famous agrarian unrest in the United States between 1870 and 1900 remain debated. We argue that they are, at least in part, consistent with a simple economic explanation. Falling transportation costs allowed for the extension of the frontier, where farmers received the world price minus the transaction costs involved in getting their produce to market. Many perceived these costs to be unfairly large, owing to the perceived market power of rail firms and the discriminatory practices of middlemen, with farmers closer to the frontier most affected. Consistent with this, we find that the protest, as measured by vote shares for the Populists in the 1892 Presidential elections, is negatively related to wheat prices, transportation costs, and rail network density.
主题Economic History
关键词agriculture Globalization Grain invasion Populism United states
URLhttps://cepr.org/publications/dp15076
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/544032
推荐引用方式
GB/T 7714
Alex Klein,Karl Gunnar Persson,Paul Sharp. DP15076 Populism and the First Wave of Globalization: Evidence from the 1892 US Presidential Election. 2020.
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