Globalization, Growth and Distribution in Spain 1500-1913
AbstractThe endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labour productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently, economic historians have presented evidence from England showing that the dramatic reversal in distributional trends – from a steep secular fall in wage-land rent ratios before 1800 to a steep secular rise thereafter – must be explained both by industrial revolutionary growth forces and by global forces that opened up the English economy to international trade. This paper explores whether and how the relationship was different for Spain, a country which had relatively poor productivity growth in agriculture and low living standards prior to 1800, was a late-comer to industrialization afterwards, and adopted very restrictive policies towards imports for much of the 19th century. The failure of Spanish wage-rental ratios to undergo a sustained rise after 1840 can be attributed to the delayed fall in relative agricultural prices (due to those protective policies) and to the decline in Spanish manufacturing productivity after 1898.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6356.
Date of creation: Jun 2007
Date of revision:
Contact details of provider:
Postal: Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ.
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
Other versions of this item:
- Joan R. Rosés & Kevin H. O’Rourke & Jeffrey G. Williamson, 2007. "Globalization, Growth and Distribution in Spain 1500-1913," Trinity Economics Papers tep0407, Trinity College Dublin, Department of Economics.
- Jeffrey G. Williamson & Joan R. Rosés & Kevin H. O'Rourke, 2008. "Globalization, Growth and Distribution in Spain 1500-1913," Working Papers 08-05, Association Française de Cliométrie (AFC).
- Joan R. Rosés & Kevin H. O'Rourke & Jeffrey G. Williamson, 2007. "Globalization, Growth and Distribution in Spain 1500-1913," NBER Working Papers 13055, National Bureau of Economic Research, Inc.
- Joan R. Roses & Kevin H. O'Rourke & Jeffrey G. Williamson, 2007. "Globalization, growth and distribution in Spain 1500-1913," Working Papers in Economic History wp07-08, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Joan R. Roses & Kevin H. O'Rourke & Jeffrey G. Williamson, 2007. "Globalization, Growth and Distribution in Spain 1500-1913," The Institute for International Integration Studies Discussion Paper Series iiisdp212, IIIS.
- F1 - International Economics - - Trade
- N7 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-06-30 (All new papers)
- NEP-HIS-2007-06-30 (Business, Economic & Financial History)
- NEP-INT-2007-06-30 (International Trade)
- NEP-LAB-2007-06-30 (Labour Economics)
- NEP-LTV-2007-06-30 (Unemployment, Inequality & Poverty)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gregory Clark, 2001.
"The Long March of History: Farm Laborers Wages in England 1208-1850,"
NajEcon Working Paper Reviews
- Gregory Clark, 2001. "The Long March of History: Farm Laborers Wages in England 1208-1850," Levine's Working Paper Archive 625018000000000238, David K. Levine.
- O'Rourke, Kevin H. & Williamson, Jeffrey G., 2002. "After Columbus: Explaining Europe'S Overseas Trade Boom, 1500 1800," The Journal of Economic History, Cambridge University Press, vol. 62(02), pages 417-456, June.
- Clark, Gregory, 2002. "Land rental values and the agrarian economy: England and Wales, 1500 1914," European Review of Economic History, Cambridge University Press, vol. 6(03), pages 281-308, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.