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Labour market response to globalisation: spain, 1880-1913

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  • Concha Beltrán

    ()
    (University of Valencia, Faculty of Economics,)

  • María A. Pons

    ()
    (University of Valencia, Faculty of Economics,)

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    Abstract

    This paper analyses the impact of globalisation (trade and migration) on the Spanish labour market between 1880 and 1913 by examining the influence that globalisation factors had on agricultural and industrial wages. Our results show that the nineteenth century grain invasion had a negative impact on agricultural wages, whereas the fall in wheat prices did not benefit industry workers. We also found that migration pushed up real agricultural and industrial wages. As agriculture was the main sector in the economy the final impact was a wage decrease. The negative impact of trade on agricultural and industrial labour markets partly explains the trade policy response of “integral protection”. However, other alternatives that would have been effective in raising living standards, such as migration policy, were not used

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    File URL: http://www.aehe.net/2010/05/dt-aehe-1004.pdf
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    Bibliographic Info

    Paper provided by Asociación Española de Historia Económica in its series Documentos de Trabajo (DT-AEHE) with number 1004.

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    Length: 47 pages
    Date of creation: Apr 2010
    Date of revision:
    Handle: RePEc:ahe:dtaehe:1004

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    Keywords: globalisation; trade; migration; tariffs; wages; living standards;

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