Riding the Wave of Trade: Explaining the Rise of Labor Regulation in the Golden Age of Globalization
AbstractThe received view pins the adoption of labor regulation before 1914 on domestic forces. Using directed dyad-year event history analysis, we find that trade was also a pathway of diffusion. Market access served as an important instrument to encourage a level playing field. The type of trade mattered as much as the volume. In the European core, states emulated the labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products and pressures to imitate were weak.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 15374.
Date of creation: Sep 2009
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Find related papers by JEL classification:
- J8 - Labor and Demographic Economics - - Labor Standards
- N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
- N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative
- N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-09-26 (All new papers)
- NEP-HIS-2009-09-26 (Business, Economic & Financial History)
- NEP-REG-2009-09-26 (Regulation)
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