Comments on Factor Prices and Income Distribution in Less Industrialised Economies, 1870-1939: Refocusing on the Frontier.

A great deal of the current research into nineteenth- and twentieth-century globalisation has been focused through a neoclassical trade theory lens. Applying the Stopler-Samuelson paradigm from Heckscher-Ohlin trade theory, the result is an approach that sees price convergence as pivotal in defining...