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Big push or big grab? Railways, government activism, and export growth inLatinAmerica, 1865-1913

Bibliographic Data

ID3211596
AuthorsVincent Bignon (Banque de France), Rui Esteves (0000-0002-1966-7214, University of Oxford), Alfonso Herranz‐loncán (0000-0002-4921-2640, Universitat de Barcelona)
Year2015
Volume68
Issue4
Pages1277-1305
Publication date2015-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic History Review (JOURNAL)
Journal identifiersISSN: 0013-0117 • E-ISSN: 1468-0289
PublisherWiley (PUBLISHER • GB)
DOI10.1111/ehr.12094
OpenAlexW3121517784
LanguageEN
Citations received17
References cited39

Railways were one of the main engines of theLatinAmerican trade boom before 1914. Railway construction often required financial support from local governments, which depended on their fiscal capacity. However, since the main government revenues were trade-related, this generated a two-way feedback between government revenues and railways, with a potential for multiple equilibria. The empirical tests in this article support the hypothesis of such a positive two-way relationship. The main implication of our analysis is that the build-up of state capacity was a necessary condition for railway expansion and also, to a large extent, for export expansion in Latin America during the first globalization

Business · Government (linguistics) · Latin Americans · Political science · Brazilian History and Foreign Policy · Historical Economic and Social Studies · Law · Politics and Society in Latin America

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Unique citing works17
Citations per year1,89
Citation span2017 - 2026 (10)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 16

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