Globalization and the Industrial revolution

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dc.contributor.authorMARCELO RODRIGUES DOS SANTOS
dc.contributor.authorFerreira, Pedro Cavalcanti
dc.contributor.authorPessôa, Samuel
dc.coverage.paisEstados Unidospt_BR
dc.creatorFerreira, Pedro Cavalcanti
dc.creatorPessôa, Samuel
dc.date.accessioned2022-11-08T18:12:12Z
dc.date.available2022-11-08T18:12:12Z
dc.date.issued2016
dc.description.notesTexto Completopt_BR
dc.description.otherThis paper argues that trade specialization played an indispensable role in supporting the Industrial Revolution. We calibrate a two-good and two-sector overlapping generations model for England’s historical development and investigate how much different England’s development path would have been if it had not globalized in 1840. The open-economy model is able to match the data closely, but the closed-economy model cannot explain the fall in the value of land relative to wages observed in the nineteenth century. Without globalization, the transition period in the British economy would have been considerably longer than that observed in the data and key variables, such as the share of labor force in agriculture, would have converged to figures very distant from the actual ones.pt_BR
dc.format.extentp. 643–666pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.doi10.1017/S1365100514000509pt_BR
dc.identifier.issn1365-1005pt_BR
dc.identifier.issn1469-8056pt_BR
dc.identifier.issue3pt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/4667
dc.identifier.volume20pt_BR
dc.language.isoInglêspt_BR
dc.publisherCambridge University Presspt_BR
dc.relation.ispartofMacroeconomic Dynamicspt_BR
dc.rights.licenseO INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITORpt_BR
dc.subject.keywordsIndustrial Revolutionpt_BR
dc.subject.keywordsInternational Tradept_BR
dc.subject.keywordsMalthusian Trappt_BR
dc.titleGlobalization and the Industrial revolutionpt_BR
dc.typejournal article
dspace.entity.typePublication
local.identifier.sourceUrihttps://www.cambridge.org/core/journals/macroeconomic-dynamics/article/globalization-and-the-industrial-revolution/1C1040E45B7279A72A9FDDD807E5BFC9
local.subject.cnpqCiências Sociais Aplicadaspt_BR
local.typeArtigo Científicopt_BR
relation.isAuthorOfPublicationf5092fc6-447e-42ae-b50c-f7a691a5c9a5
relation.isAuthorOfPublication.latestForDiscoveryf5092fc6-447e-42ae-b50c-f7a691a5c9a5
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