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...
| Main Author: | |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
2007
|
| _version_ | 1826261549838237696 |
|---|---|
| author | Harley, K |
| author_facet | Harley, K |
| author_sort | Harley, K |
| collection | OXFORD |
| description | 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, identifying, and measuring globalisation. This focus, however, obscures the implications of frontier incorporation and other insights achieved by viewing nineteenth-century globalisation as a mechanism whereby peripheral economies were incorporated into the core of organised economic activity. A frontier-centred perspective also reintroduces the role of economic institutions as a crucial element of economic growth and development. |
| first_indexed | 2024-03-06T19:23:06Z |
| format | Journal article |
| id | oxford-uuid:1ac9c14e-8f30-413d-aa2c-d0323f0fe286 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T19:23:06Z |
| publishDate | 2007 |
| record_format | dspace |
| spelling | oxford-uuid:1ac9c14e-8f30-413d-aa2c-d0323f0fe2862022-03-26T10:56:45ZComments on Factor Prices and Income Distribution in Less Industrialised Economies, 1870-1939: Refocusing on the Frontier.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:1ac9c14e-8f30-413d-aa2c-d0323f0fe286EnglishDepartment of Economics - ePrints2007Harley, KA 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, identifying, and measuring globalisation. This focus, however, obscures the implications of frontier incorporation and other insights achieved by viewing nineteenth-century globalisation as a mechanism whereby peripheral economies were incorporated into the core of organised economic activity. A frontier-centred perspective also reintroduces the role of economic institutions as a crucial element of economic growth and development. |
| spellingShingle | Harley, K Comments on Factor Prices and Income Distribution in Less Industrialised Economies, 1870-1939: Refocusing on the Frontier. |
| title | Comments on Factor Prices and Income Distribution in Less Industrialised Economies, 1870-1939: Refocusing on the Frontier. |
| title_full | Comments on Factor Prices and Income Distribution in Less Industrialised Economies, 1870-1939: Refocusing on the Frontier. |
| title_fullStr | Comments on Factor Prices and Income Distribution in Less Industrialised Economies, 1870-1939: Refocusing on the Frontier. |
| title_full_unstemmed | Comments on Factor Prices and Income Distribution in Less Industrialised Economies, 1870-1939: Refocusing on the Frontier. |
| title_short | Comments on Factor Prices and Income Distribution in Less Industrialised Economies, 1870-1939: Refocusing on the Frontier. |
| title_sort | comments on factor prices and income distribution in less industrialised economies 1870 1939 refocusing on the frontier |
| work_keys_str_mv | AT harleyk commentsonfactorpricesandincomedistributioninlessindustrialisedeconomies18701939refocusingonthefrontier |