First globalization: why did France missed the boat?
Starting from Bairoch's observation of declining French foreign trade, especially in emerging markets during the first globalization (1880-1914), this article endeavours to identify the sources for the failure to exploit the opportunities afforded by global economic growth after 1870. For this purpose a comprehensive dataset of French imports and exports of unparalleled size was assembled to investigate the changes these underwent both in geographical and product distribution over a period of 64 years. Applying standard tests of trade flow concentration, we find that France's trade structure reflected its early intra-industry specialization which implied increasing reliance on 'proximity' markets.
|Date of creation:||10 Jun 2013|
|Date of revision:|
|Publication status:||Published in 2013|
|Note:||View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00879996|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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.:
- David S. Jacks & Christopher M. Meissner & Dennis Novy, 2009.
"Trade Booms, Trade Busts, and Trade Costs,"
NBER Working Papers
15267, National Bureau of Economic Research, Inc.
- David S. Jacks & Christopher M. Meissner & Dennis Novy, 2009. "Trade Booms, Trade Busts, and Trade Costs," CESifo Working Paper Series 2767, CESifo Group Munich.
- Jacks, David S; Meissner, Christopher; Novy, Dennis, 2010. "Trade Booms, Trade Busts and Trade Costs," CAGE Online Working Paper Series 33, Competitive Advantage in the Global Economy (CAGE).
- Falvey, Rodney E., 1981. "Commercial policy and intra-industry trade," Journal of International Economics, Elsevier, vol. 11(4), pages 495-511, November.
- 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.
- Lampe, Markus, 2009. "Effects of Bilateralism and the MFN Clause on International Trade: Evidence for the Cobden-Chevalier Network, 1860-1875," The Journal of Economic History, Cambridge University Press, vol. 69(04), pages 1012-1040, December.
- Weiller, Jean Sylvain, 1971. "Long-run Tendencies in Foreign Trade: With a Statistical Study of French Trade Structure 1871–1939," The Journal of Economic History, Cambridge University Press, vol. 31(04), pages 804-821, December.
- Markus Lampe, 2010.
"Explaining nineteenth-century bilateralism: economic and political determinants of the Cobden-Chevalier network,"
Working Papers in Economic History
wp10-06, Universidad Carlos III, Instituto Figuerola de Historia y Ciencias Sociales.
- 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.
- Markus Lampe, 2010. "Explaining Nineteenth-Century Bilateralism: Economic and Political Determinants of the Cobden-Chevalier Network," CQE Working Papers 1410, Center for Quantitative Economics (CQE), University of Muenster.
- 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.
- Jean-Charles Asselain & Bertrand Blancheton, 2005. "Dynamique de l'ouverture internationale. Paradoxe, enjeux éléments d'interprétation à partir du cas de la France," Post-Print hal-00157046, HAL.
- Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, June.
- David S. Jacks & Christopher M. Meissner & Dennis Novy, 2006.
"Trade Costs in the First Wave of Globalization,"
NBER Working Papers
12602, National Bureau of Economic Research, Inc.
- Béatrice Dedinger, 2012. "The Franco-German trade puzzle: an analysis of the economic consequences of the Franco-Prussian war," Economic History Review, Economic History Society, vol. 65(3), pages 1029-1054, 08.
- 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.
When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-00879996. 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: (CCSD)
If references are entirely missing, you can add them using this form.