France’s international insertion strategy in globalization in long run perspective 1836-1938

Christopher Meissner, Stéphane Becuwe and Bertrand Blancheton ()

Cahiers du GREThA (2007-2019) from Groupe de Recherche en Economie Théorique et Appliquée (GREThA)

Abstract: Using a new long term database on French foreign trade at a high level of disaggregation the paper deepened France’s international specializations, comparative advantages and exports concentration. At the beginning of the period, France appears to have espoused a Ricardian model of trade, exporting few textiles products in large quantities. The decreasing of the degree of specialization from 1860 to WWI calling into question dynamic Ricardian model expectations about an increasing of French exports concentration. The decline of exports concentration is correlated with chronic deficit of its balance of trade during Belle Epoque. We observe the same phenomena during the major part of interwar particularly after 1927.

Keywords: specialization; comparative advantage; exports concentration; first globalization. (search for similar items in EconPapers)
JEL-codes: F60 N73 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-his and nep-int
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Working Paper: France’s international insertion strategy in globalization in the long run perspective 1836-1938 (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:grt:wpegrt:2015-18

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