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Factor and Commodity Flows in the International Economy of 1870-1914, A Multi-Country View

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  • Alan G. Green
  • Malcolm C. Urquhart

Abstract

This study focuses primarily on the movements of people and capital between a number of selected European and overseas countries during a phase of mass migration. The data indicate that the international movements of people, capital, and goods were extremely fluid, were adaptable, and took place under highly diverse conditions of population change and economic growth. A number of uniformities emerge, including for example a close relationship between international borrowing, high growth rates, and large flows of immigrants. These and a variety of other general patterns are examined as aspects of the massive demographic shifts of this period.
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Suggested Citation

  • Alan G. Green & Malcolm C. Urquhart, 1975. "Factor and Commodity Flows in the International Economy of 1870-1914, A Multi-Country View," Working Paper 191, Economics Department, Queen's University.
    • Handle: RePEc:qed:wpaper:191
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    Cited by:

    1. Taylor, Alan M., 1995. "Debt, dependence and the demographic Transition: Latin America in to the next century," World Development, Elsevier, vol. 23(5), pages 869-879, May.
    2. Evan, Tomáš & Holý, Vladimír, 2023. "Cultural diversity and its impact on governance," Socio-Economic Planning Sciences, Elsevier, vol. 89(C).
    3. Taylor, Alan M & Williamson, Jeffrey G, 1994. "Capital Flows to the New World as an Intergenerational Transfer," Journal of Political Economy, University of Chicago Press, vol. 102(2), pages 348-371, April.
    4. Pier Giorgio Ardeni & Andrea Gentili, 2014. "Revisiting Italian emigration before the Great War: a test of the standard economic model," European Review of Economic History, European Historical Economics Society, vol. 18(4), pages 452-471.
    5. Barbier,Edward B., 2007. "Natural Resources and Economic Development," Cambridge Books, Cambridge University Press, number 9780521706513.
    6. Taylor, Alan M. & Williamson, Jeffrey G., 1997. "Convergence in the age of mass migration," European Review of Economic History, Cambridge University Press, vol. 1(1), pages 27-63, April.
    7. Barry Eichengreen., 1994. "Deja Vu All Over Again: Lessons from the Gold Standard for European Monetary Unification," Center for International and Development Economics Research (CIDER) Working Papers C94-032, University of California at Berkeley.
    8. Jeffrey G. Williamson, 2007. "Global Capital Markets in the Long Run: A Review of Maurice Obstfeld and Alan Taylor's Global Capital Markets," Journal of Economic Literature, American Economic Association, vol. 45(2), pages 400-409, June.

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