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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15076 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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