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The decline of French trade power during the first globalization (1850-1913)

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  • Stéphane BECUWE (GREThA, CNRS, UMR 5113)
  • Bertrand BLANCHETON (GREThA, CNRS, UMR 5113)
  • Léo CHARLES (GREThA, CNRS, UMR 5113)

Abstract

This article offers an exhaustive quantitative analysis of the French foreign trade during the second part of the 19th century (1850-1913). It uses both geographical and sectoral dimension. Products are analyzed at a highly disaggregated level (corresponding to the SITC rev.3). We have studied imports from 41 countries and exports to 63 destinations.\r\nThe article shows that France has faced problems to benefit from the global economic growth induced by the first globalization from the end of the 1870’s because of a weakness in geographical and sectoral diversification. Indeed, France withdraws on close markets and is not able to take advantage of emerging countries’ economic development.

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Paper provided by Groupe de Recherche en Economie Théorique et Appliquée in its series Cahiers du GREThA with number 2012-22.

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Date of creation: 2012
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Handle: RePEc:grt:wpegrt:2012-22

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Keywords: International trade; Intra-Industry trade; 1st globalization; France;

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  1. Markus Lampe, 2011. "Explaining nineteenth‐century bilateralism: economic and political determinants of the Cobden–Chevalier network," Economic History Review, Economic History Society, vol. 64(2), pages 644-668, 05.
  2. O'Rourke, K, 1997. "Tariffs and Growth in the Late 19th Century," Papers 97/18, College Dublin, Department of Political Economy-.
  3. Stéphane BECUWE (GREThA, CNRS, UMR 5113) & Bertrand BLANCHETON (GREThA, CNRS, UMR 5113), 2012. "The dispersion of customs tariffs in France between 1850 and 1913: discrimination in trade policy," Cahiers du GREThA 2012-13, Groupe de Recherche en Economie Théorique et Appliquée.
  4. Jacks, David S. & Meissner, Christopher M. & Novy, Dennis, 2011. "Trade booms, trade busts, and trade costs," Journal of International Economics, Elsevier, vol. 83(2), pages 185-201, March.
  5. Jacks, David S. & Meissner, Christopher M. & Novy, Dennis, 2010. "Trade costs in the first wave of globalization," Explorations in Economic History, Elsevier, vol. 47(2), pages 127-141, April.
  6. J-C.Asselain & B.Blancheton, 2005. "Dynamique de l'ouverture internationale. Paradoxes, enjeux, éléments d'interprétation à partir du cas de la France," Economies et Sociétés (Serie 'Histoire Economique Quantitative'), Association Française de Cliométrie (AFC), issue 32, pages 49-179, January.
  7. Markus Lampe, 2009. "Effects of Bilateralism and the MFN Clause on International Trade – Evidence for the Cobden-Chevalier Network, (1860-1875)," CQE Working Papers 0209, Center for Quantitative Economics (CQE), University of Muenster.
  8. Falvey, Rodney E., 1981. "Commercial policy and intra-industry trade," Journal of International Economics, Elsevier, vol. 11(4), pages 495-511, November.
  9. Tena-Junguito, Antonio, 2010. "Bairoch revisited: tariff structure and growth in the late nineteenth century," European Review of Economic History, Cambridge University Press, vol. 14(01), pages 111-143, April.
  10. Moritz Schularick & Solomos Solomou, 2011. "Tariffs and economic growth in the first era of globalization," Journal of Economic Growth, Springer, vol. 16(1), pages 33-70, March.
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