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Trade and Immigration, 1870-2010

Author

Listed:
  • David S. Jacks
  • John P. Tang

Abstract

In this chapter, we describe long-run trends in global merchandise trade and immigration from 1870 to 2010. We revisit the reasons why these two forces moved largely in parallel in the decades leading up to World War I, collapsed during the interwar period, and then rebounded (but with much more pronounced growth in trade than in immigration). More substantively, we also document a large redistribution in the regional sources of goods and people with a shift from the former industrialized core countries—especially Europe—to those in the former periphery—especially Asia—as well as a very striking change in the composition of merchandise trade towards manufactured goods precisely dating from 1950. Finally, using a triple differences framework in combination with a dramatic change in US immigration policy, we find evidence that immigration and trade potentially acted as substitutes, at least for the United States in the interwar period.

Suggested Citation

  • David S. Jacks & John P. Tang, 2018. "Trade and Immigration, 1870-2010," NBER Working Papers 25010, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:25010
    Note: DAE
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    Citations

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    Cited by:

    1. David S. Jacks & Martin Stuermer, 2021. "Dry bulk shipping and the evolution of maritime transport costs, 1850–2020," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 61(2), pages 204-227, July.
    2. David S. Jacks & Dennis Novy, 2020. "Trade Blocs and Trade Wars during the Interwar Period," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(1), pages 119-136, January.
    3. Giuseppe De Arcangelis & Rama Dasi Mariani & Federico Nastasi, 2020. "Migration and Trade during the Belle Époque in Argentina (1870-1913)," Working Papers 11/20, Sapienza University of Rome, DISS.

    More about this item

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative

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