Relative Factor Prices in the Periphery During the First Global Century
Any Lessons for Today
Bibliographic Data
| ID | 20437279 |
|---|---|
| Authors | Jeffrey G Williamson (Harvard University Press, corresponding author) |
| Year | 2007 |
| Volume | 47 |
| Issue | 2 |
| Pages | 200-206 |
| Publication date | 2007-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Australian Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0004-8992 • E-ISSN: 1467-8446 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1467-8446.2007.00201.x |
| OpenAlex | W1978330966 |
| Language | EN |
| Citations received | 2 |
Globalisation before 1939 had profound effects on factor prices and income distribution, especially between the industrialising core economies and the economies of periphery. Jeffrey Williamson reflects briefly on: the impact of globalisation on relative factor price convergence; the interaction between commodity market convergence and convergence in labour and capital markets; and whether the nineteenth history of the periphery was a different history from that of the industrialising European core. Williamson concludes with observations on why the blacklash against globalisation is less severe today than it was during the first global century
Capital (architecture) · Commodity · Convergence (economics) · Core (optical fiber) · Distribution (mathematics) · Economic geography · Economics · Economy · Factor price · Geography · Globalization · International economics · Macroeconomics · Market economy · Economic Growth and Productivity · Economic Theory and Policy · Global Financial Crisis and Policies
| Unique citing works | 2 |
|---|---|
| Citations per year | 0.15 |
| Citation span | 2013 - 2020 (8) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |