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The sustainability of empire in a global perspective: the role of international trade patterns

Bonfatti, Roberto

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Abstract

I construct a model in which a colony trades raw materials for manufactures with the mother country and the rest of the world, and can rebel at the cost of some trade disruption with the mother country. Decolonisation is more likely when the rest of the world is more abundant in manufactures, or scarcer in raw materials: this is because trade policy in the rest of the world is more favourable to a rebel colony, while trade policy within the empire is more restrictive. I use my results to explain the timing of the American Revolution, and the Latin American Revolutionary Wars. I discuss some important implications for the history of colonialism.

Journal Article Type Article
Publication Date Sep 1, 2017
Journal Journal of International Economics
Print ISSN 0022-1996
Electronic ISSN 0022-1996
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 108
APA6 Citation Bonfatti, R. (2017). The sustainability of empire in a global perspective: the role of international trade patterns. Journal of International Economics, 108, doi:10.1016/j.jinteco.2017.06.002. ISSN 0022-1996
DOI https://doi.org/10.1016/j.jinteco.2017.06.002
Keywords Colonial trade, rise and fall of empires, economic legacy of colonialism
Publisher URL http://www.sciencedirect.com/science/article/pii/S0022199617300685
Copyright Statement Copyright information regarding this work can be found at the following address: http://creativecommons.org/licenses/by-nc-nd/4.0
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Copyright Statement
Copyright information regarding this work can be found at the following address: http://creativecommons.org/licenses/by-nc-nd/4.0





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