Global Migration and Wage Convergence

Paul Caruana Galizia

Chapter Chapter 7 in Mediterranean Labor Markets in the First Age of Globalization, 2015, pp 111-129 from Palgrave Macmillan

Abstract: Abstract Why didn’t the “Great Sea” globalize in the nineteenth century?1 To be sure, the Mediterranean was already far behind the developed parts of Europe by the start of the 1800s. In contrast to British preindustrial success in the seventeenth and eighteenth centuries, the Mediterranean between 1500 and 1850 became something of an economic “backwater.”2 In the later nineteenth century, things slightly improved relative to Britain in the eastern Mediterranean but deteriorated in the west.3

Keywords: Real Wage; Journey Cost; Emigration Rate; Adjustment Speed; Common Shock (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-40084-0_7

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DOI: 10.1057/9781137400840_7

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