Lampe, Markus, Sharp, Paul. 2019. Cliometric Approaches to International Trade. In: Handbook of Cliometrics (2nd ed.), Hrsg. Claude Diebolt, Michael Haupert, 595-632. Heidelberg: Springer.
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Abstract
This chapter gives a broad overview of the literature on the cliometrics of international trade and market integration. We start by motivating this by looking at the lessons from economic theory and, in particular, through the work which considers the effect of trade, openness, and trade policy on growth. Here theory, as well as empirical results, suggests no clear-cut relationship and points to the richness of historical experiences. We then turn to the issue of how to quantify trade and market integration. The former usually relies on customs records and the latter on the availability of prices in different markets. We then go one step back and look at the determinants of trade, usually tested within the framework of the gravity equation, and discuss what factors were behind periods of trade increases and declines and of market integration and disintegration. Finally, as one of the most important determinants of trade, and perhaps the most policy relevant, we include a separate section on trade policy: we both consider the difficulties of constructing a simple quantitative measure and look at what might explain it.
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Status of publication | Published |
---|---|
Affiliation | WU |
Type of publication | Chapter in edited volume |
Language | English |
Title | Cliometric Approaches to International Trade |
Title of whole publication | Handbook of Cliometrics (2nd ed.) |
Editor | Claude Diebolt, Michael Haupert |
Page from | 595 |
Page to | 632 |
Location | Heidelberg |
Publisher | Springer |
Year | 2019 |
Reviewed? | Y |
URL | https://link.springer.com/referenceworkentry/10.1007/978-3-030-00181-0_8 |
ISBN | 9783030001803 |
Open Access | N |
Associations
- People
- Lampe, Markus (Details)
- External
- Sharp, Paul (University of Southern Denmark, Denmark)
- Organization
- Institute for Economic and Social History IN (Details)
- Research Institute for Spatial and Real Estate Economics FI (Details)
- Research areas (Ă–STAT Classification 'Statistik Austria')
- 5300 Economics (Details)
- 5340 Economic history (Details)
- 6521 Economic history (Details)