Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80124
Authors: 
Galor, Oded
Mountford, Andrew
Year of Publication: 
2006
Series/Report no.: 
Working Paper, Brown University, Department of Economics 2006-01
Abstract: 
This research argues that the rapid expansion of international trade in the second phase of the industrial revolution has played a major role in the timing of demographic transitions across countries and has thereby been a significant determinant of the distribution of world population and a prime cause of the ‘Great Divergence’ in income per capita across countries in the last two centuries. The analysis suggests that international trade had an asymmetrical effect on the evolution of industrial and non-industrial economies. While in the industrial nations the gains from trade were directed primarily towards investment in education and growth in output per capita, a significant portion of the gains from trade in non-industrial nations was channeled towards population growth.
Subjects: 
International Trade
Demographic Transition
Industrial Revolution
Growth
Human Capital
JEL: 
O40
F11
F43
J10
N30
Document Type: 
Working Paper

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