Advanced Search
MyIDEAS: Login to save this paper or follow this series

The impact of "early" nineteenth-century globalization on foreign trade in the Southern Cone: A study of British trade statistics

Contents:

Author Info

  • Manuel Llorca-Jaña

Abstract

This paper deals with the impact of "early" nineteenth-century globalization (c.1815-1860) on foreign trade in the Southern Cone (SC). Most of the evidence is drawn from bilateral trades between Britain and the SC, at a time when Britain was the main commercial partner of the new republics. The main conclusion drawn is that early globalization had a positive impact on foreign trade in the SC, and this was due to: improvements in the SC's terms of trade during this period; the SC's per capita consumption of textiles (the main manufacture traded on world markets at that time) increased substantially during this period, at a time when clothing was one of the main items of SC household budgets; British merchants brought with them capital, shipping, insurance, and also facilitated the formation of vast global networks, which further promoted the SC's exports to a wider range of outlets.

Download Info

If 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.
File URL: http://www.econ.upf.edu/docs/papers/downloads/1323.pdf
File Function: Whole Paper
Download Restriction: no

Bibliographic Info

Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 1323.

as in new window
Length:
Date of creation: May 2012
Date of revision: Jun 2012
Handle: RePEc:upf:upfgen:1323

Contact details of provider:
Web page: http://www.econ.upf.edu/

Related research

Keywords: Lost decades; Anglo-Latin American trade; Early globalization.;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
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.:
as in new window
  1. Kevin H. O'Rourke & Jeffrey G. Williamson, 2001. "Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650592, December.
  2. Broadberry,Stephen & O'Rourke,Kevin H., 2010. "The Cambridge Economic History of Modern Europe," Cambridge Books, Cambridge University Press, number 9780521882026.
  3. Jeffrey G. Williamson, 2006. "Globalization and the Poor Periphery before 1950," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262232502, December.
  4. repec:fth:iniesr:430 is not listed on IDEAS
  5. Hadass, Yael S & Williamson, Jeffrey G, 2003. "Terms-of-Trade Shocks and Economic Performance, 1870-1940: Prebisch and Singer Revisited," Economic Development and Cultural Change, University of Chicago Press, vol. 51(3), pages 629-56, April.
  6. Jose Antonio Ocampo & Maria Angela Parra, 2004. "The Terms Of Trade For Commodities In The Twentieth Century," International Trade 0402006, EconWPA.
  7. Allen, Robert C., 2011. "Global Economic History: A Very Short Introduction," OUP Catalogue, Oxford University Press, number 9780199596652, September.
  8. Blattman, Christopher & Hwang, Jason & Williamson, Jeffrey G., 2007. "Winners and losers in the commodity lottery: The impact of terms of trade growth and volatility in the Periphery 1870-1939," Journal of Development Economics, Elsevier, vol. 82(1), pages 156-179, January.
  9. Harley, C. Knick, 1988. "Ocean Freight Rates and Productivity, 1740–1913: The Primacy of Mechanical Invention Reaffirmed," The Journal of Economic History, Cambridge University Press, vol. 48(04), pages 851-876, December.
  10. Llorca-Jaña,Manuel, 2012. "The British Textile Trade in South America in the Nineteenth Century," Cambridge Books, Cambridge University Press, number 9781107021297.
  11. Ocampo, José Antonio & Parra-Lancourt, Mariángela, 2010. "The terms of trade for commodities since the mid-19th century," Revista de Historia Económica, Cambridge University Press, vol. 28(01), pages 11-43, March.
  12. O Rourke, Kevin H. & Williamson, Jeffrey G., 2002. "When did globalisation begin?," European Review of Economic History, Cambridge University Press, vol. 6(01), pages 23-50, April.
  13. Peter H. Lindert & Jeffrey G. Williamson, 2003. "Does Globalization Make the World More Unequal?," NBER Chapters, in: Globalization in Historical Perspective, pages 227-276 National Bureau of Economic Research, Inc.
  14. Tena-Junguito, Antonio & Lampe, Markus & Fernandes, Felipe Tâmega, 2012. "How Much Trade Liberalization Was There in the World Before and After Cobden-Chevalier?," The Journal of Economic History, Cambridge University Press, vol. 72(03), pages 708-740, September.
  15. North, Douglass, 1958. "Ocean Freight Rates and Economic Development 1730-1913," The Journal of Economic History, Cambridge University Press, vol. 18(04), pages 537-555, December.
  16. Krugman, Paul & Venables, Anthony J., 1995. "Globalization and the Inequality of Nations," Working Paper Series 430, Research Institute of Industrial Economics.
  17. Newland, Carlos & Poulson, Barry, 1998. "Purely Animal: Pastoral Production and Early Argentine Economic Growth 1825-1865," Explorations in Economic History, Elsevier, vol. 35(3), pages 325-345, July.
  18. Williamson, Jeffrey G., 1999. "Real wages, inequality and globalization in latin america before 1940," Revista de Historia Económica, Cambridge University Press, vol. 17(S1), pages 101-142, March.
  19. Serrano, Raúl & Pinilla, Vicente, 2011. "The terms of trade for agricultural and food products, 1951-2000," Revista de Historia Económica, Cambridge University Press, vol. 29(02), pages 213-243, September.
  20. R. Findlay & K. H. O'Rourke, 2001. "Commodity market integration, 1500-2000," Trinity Economics Papers 200113, Trinity College Dublin, Department of Economics.
  21. Giovanni Federico & Karl Gunnar Persson, . "Market Integration and Convergence in the World Wheat Market, 1800-2000," Discussion Papers 06-10, University of Copenhagen. Department of Economics.
  22. Bates, Robert H. & Coatsworth, John H. & Williamson, Jeffrey G., 2007. "Lost Decades: Postindependence Performance in Latin America and Africa," Scholarly Articles 12211559, Harvard University Department of Economics.
  23. Jan De Vries, 2010. "The limits of globalization in the early modern world," Economic History Review, Economic History Society, vol. 63(3), pages 710-733, 08.
  24. Persson,Karl Gunnar, 2010. "An Economic History of Europe," Cambridge Books, Cambridge University Press, number 9780521549400.
  25. Williamson, Jeffrey G., 2006. "Globalization, de-industrialization and underdevelopment in the third world before the modern era," Revista de Historia Económica, Cambridge University Press, vol. 24(01), pages 9-36, January.
  26. Flynn, Dennis O. & Gir Ldez, Arturo, 2004. "Path dependence, time lags and the birth of globalisation: A critique of O'Rourke and Williamson," European Review of Economic History, Cambridge University Press, vol. 8(01), pages 81-108, April.
  27. Williamson, Jeffrey G., 2008. "Globalization and the Great Divergence: terms of trade booms, volatility and the poor periphery, 1782–1913," European Review of Economic History, Cambridge University Press, vol. 12(03), pages 355-391, December.
  28. Persson,Karl Gunnar, 2010. "An Economic History of Europe," Cambridge Books, Cambridge University Press, number 9780521840095.
  29. Gregory Clark, 2007. "Introduction to A Farewell to Alms: A Brief Economic History of the World
    [A Farewell to Alms: A Brief Economic History of the World]
    ," Introductory Chapters, Princeton University Press.
  30. María-Inés Moraes & Natalia Stalla, 2011. "Antes y después de 1810: escenarios en la historia de las exportaciones rioplatenses de cueros desde 1760 hasta 1860," Documentos de Trabajo de la Sociedad Española de Historia Agraria 1110, Sociedad Española de Historia Agraria.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:upf:upfgen:1323. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.