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Comments On Factor Prices And Income Distribution In Less Industrialised Economies, 1870–1939: Refocusing On The Frontier

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  • Knick Harley

Abstract

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.

Suggested Citation

  • Knick Harley, 2007. "Comments On Factor Prices And Income Distribution In Less Industrialised Economies, 1870–1939: Refocusing On The Frontier," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 47(3), pages 238-248, November.
    • Handle: RePEc:bla:ozechr:v:47:y:2007:i:3:p:238-248
    DOI: 10.1111/j.1467-8446.2007.00210.x
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    1. Chile’s First Globalisation: Inequality, Frontier Expansion, and Immigration
      by pseudoerasmus in Pseudoerasmus on 2015-04-24 16:03:26

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    Cited by:

    1. Edwyna Harris, 2008. "Colonialism And Long‐Run Growth In Australia: An Examination Of Institutional Change In Victoria'S Water Sector During The Nineteenth Century," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 48(3), pages 266-279, November.
    2. Marc Badia-Miró & Enric Tello, 2014. "Vine-growing in Catalonia: the main agricultural change underlying the earliest industrialization in Mediterranean Europe (1720–1939)," European Review of Economic History, European Historical Economics Society, vol. 18(2), pages 203-226.
    3. Rodríguez Weber, Javier, 2015. "Estimación de desigualdad de ingreso y otras variables relacionadas para Chile entre 1860 y 1970. Metodología y resultados obtenidos [Income inequality estimates for Chile between 1860 and 1970. Me," MPRA Paper 68400, University Library of Munich, Germany.

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