Chilosi, David 
ORCID: 0000-0002-2251-0381 and Federico, Giovanni
(2013)
Asian globalisations: market integration, trade and economic growth, 1800-1938.
Economic History Working Papers (183/13).
London School of Economics and Political Science, London, UK.
|
PDF
- Published Version
Download (862kB) | Preview |
Abstract
This paper contributes to the debate on globalization and the great divergence with a comprehensive analysis of trends, causes and effects of the integration of Asia in the world market from 1800 to the eve of World War Two, based on a newly compiled data-set. The analysis finds that: most price convergence occurred before 1870, with only little disintegration in the inter-war years; market integration was determined to a large extent by the fall of Western trading monopolies; it implied significant static welfare gains and emerges as a major cause of substantial improvements in the terms of trade.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Official URL: | http://www.lse.ac.uk/collections/economicHistory/ |
| Additional Information: | © 2013 The Authors |
| Divisions: | Economic History |
| Subjects: | D History General and Old World > D History (General) > D204 Modern History D History General and Old World > DS Asia H Social Sciences > HC Economic History and Conditions |
| JEL classification: | F - International Economics > F1 - Trade N - Economic History > N7 - Transport, International and Domestic Trade, Energy, Technology, and Other Services O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity |
| Date Deposited: | 22 Nov 2013 16:40 |
| Last Modified: | 11 Dec 2024 19:11 |
| URI: | http://eprints.lse.ac.uk/id/eprint/54574 |
Actions (login required)
 |
View Item |
Download Statistics
Download Statistics