By means of a comparative analysis of the ‘Dutch case’ with the Saintonge in South-West France and Bohuslän in South-West Sweden, this paper analyses the rise and decline of maritime services clusters in preindustrial Europe. The leading question for this comparative analysis is: Was the ‘Dutch case’ exceptional or can similar developments be recognised in other parts of Europe as well…
This work offers a new interpretation about the main groups implicated in the textile trade in Seville during the 16th century, proposing a new chronology concerning the substitution processes happened between them and the nature of the importance of those groups. This is specially clear in the longer endurance of the activity of castilian and mainly burgalese merchants in the importation of ca…
This paper analyses the rise of Swedish trade and shipping in the Mediterranean in the eighteenth century. It focuses on three factors that shaped Sweden’s role in the area: foreign policy interest, foreign trade policy (mercantilism), and commodity demand and supply. The foreign policy interest is represented by attempts to build an alliance with the Ottoman Empire against Russia. An outcome…
Are Africa's world markets really contributing to development across the continent for individuals, nations and regions? This is the key question posed by Margaret Lee in this provocative book, in which she argues that all too often the voices of African traders are obscured amid a blizzard of statistical analysis. However, it is these very voices - from those operating on the ground as formal …
Robert E. Baldwin presents a review of the theoretical twists and turns in the development of the Heckscher-Ohlin model and an empirical assessment of the basic model and three related theorems.OCLC-licensed vendor bibliographic record.
Ralph Gomory and William Baumol adapt classical trade models to the modern world economy.In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge firms that benefit from economies of scale. This is very different from the largely agricultural world in which the class…
Feenstra considers the consumer benefits from having access to new import varieties of differentiated products, and examines a recent method to estimate the elasticity of substitution (the extent of differentiation across products) and to use that information to construct the gains from import variety.OCLC-licensed vendor bibliographic record.
World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international trade of goods and services and for intellectual property rights, provides a forum for multinational negotiations to resolve trade problems, and has a formal mechanism for dispute settlement. It is the…
"The contributors first discuss Heckscher's efforts to forge the discipline of economic history by combining both the historian's careful evaluation of sources and the economist's rigorous models. The Heckscher-Ohlin theory of factor proportions is described and tested empirically. Contributors then apply the theory to historical material, including Mediterranean trade in Biblical times, the ec…
An analytic and empirical study of unilateral trade liberalization agreements, from the nineteenth century to the present.Since the end of World War II, the freeing of trade has been most visible in reciprocal liberalization agreements negotiated under the General Agreement on Tariffs and Trade, or GATT, and through increasing bilateral and plurilateral agreements. There has also, however, been…