Labour market response to globalisation: spain, 1880-1913
Concha Beltrán () and
María A. Pons ()
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Concha Beltrán: University of Valencia, Faculty of Economics,
María A. Pons: University of Valencia, Faculty of Economics,
No 1004, Documentos de Trabajo (DT-AEHE) from Asociación Española de Historia Económica
This paper analyses the impact of globalisation (trade and migration) on the Spanish labour market between 1880 and 1913 by examining the influence that globalisation factors had on agricultural and industrial wages. Our results show that the nineteenth century grain invasion had a negative impact on agricultural wages, whereas the fall in wheat prices did not benefit industry workers. We also found that migration pushed up real agricultural and industrial wages. As agriculture was the main sector in the economy the final impact was a wage decrease. The negative impact of trade on agricultural and industrial labour markets partly explains the trade policy response of “integral protection”. However, other alternatives that would have been effective in raising living standards, such as migration policy, were not used
Keywords: globalisation; trade; migration; tariffs; wages; living standards (search for similar items in EconPapers)
JEL-codes: N33 N73 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-his and nep-mig
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Persistent link: https://EconPapers.repec.org/RePEc:ahe:dtaehe:1004
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