Reversal of Fortune Revisited: The Geography of Transport and the Changing Balance of World Economic Power

Brishti Guha () and Ashok S. Guha

Rivista di storia economica, 2014, issue 2, 161-188

Abstract: Earlier work has shown the importance of Atlantic Western Europe in determining modern economic growth and the geographical distribution of world output. Here we investigate why this particular set of countries emerged as leaders in open ocean navigation and naval warfare, as opposed to Asia or the rest of Europe. We show how the economics of transport in the era preceding open ocean navigation interacted with geographical features to give rise to differential economic and political institutions and incentives across regions. This determined the locus of innovation in ocean navigation and the distribution of benefits.

Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1410/77241 (application/pdf)
https://www.rivisteweb.it/doi/10.1410/77241 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:jrkmxm:doi:10.1410/77241:y:2014:i:2:p:161-188

Access Statistics for this article

Rivista di storia economica is currently edited by P.L. Ciocca, G. Federico, G. Toniolo (resp.)

More articles in Rivista di storia economica from Società editrice il Mulino
Bibliographic data for series maintained by ().