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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP17482 |
DP17482 Rise and Fall of Empires in the Industrial Era: A Story of Shifting Comparative Advantages | |
Kerem Cosar; Roberto Bonfatti | |
发表日期 | 2022-07-20 |
出版年 | 2022 |
语种 | 英语 |
摘要 | The last two centuries witnessed the rise and fall of empires. We construct a model which rationalises this in terms of the changing trade gains from empires. In the model, empires are arrangements that reduce trade cost between an industrial metropole and the agricultural periphery. During early industrialisation, the value of such bilateral trade increases, and so does the value of empires. As industrialisation diffuses, and as manufactures become more differentiated, trade becomes more multilateral and intra-industry, reducing the value of empires. Our results are consistent with long-term changes in income distribution and trade patterns, and with previous historical arguments. |
主题 | Economic History ; International Trade and Regional Economics |
关键词 | International trade Empires Comparative advantage Optimal country size |
URL | https://cepr.org/publications/dp17482 |
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/546577 |
推荐引用方式 GB/T 7714 | Kerem Cosar,Roberto Bonfatti. DP17482 Rise and Fall of Empires in the Industrial Era: A Story of Shifting Comparative Advantages. 2022. |
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