Skip to main content
About HEC About HEC Faculty & Research Faculty & Research Master’s programs Master’s programs MBA Programs MBA Programs PhD Program PhD Program Executive Education Executive Education Summer School Summer School HEC Online HEC Online About HEC Overview Overview Who
We Are Who
We Are
Egalité des chances Egalité des chances Career
Center Career
Center
International International Campus
Life Campus
Life
Sustainability Sustainability Diversity
& Inclusion Diversity
& Inclusion
Stories Stories The HEC
Foundation The HEC
Foundation
Coronavirus Coronavirus
Faculty & Research Overview Overview Faculty Directory Faculty Directory Departments Departments Centers Centers Chairs Chairs Knowledge Knowledge Master’s programs Master in
Management Master in
Management
MSc International
Finance MSc International
Finance
Specialized
Masters Specialized
Masters
X-HEC
programs X-HEC
programs
Dual-Degree
programs Dual-Degree
programs
Visiting
students Visiting
students
Certificates Certificates Student
Life Student
Life
Student
Stories Student
Stories
MBA Programs MBA MBA Executive MBA Executive MBA TRIUM EMBA TRIUM EMBA PhD Program Overview Overview HEC Difference HEC Difference Program details Program details Research areas Research areas HEC Community HEC Community Placement Placement Job Market Job Market Admissions Admissions Financing Financing Executive Education Executive Masters Executive Masters Executive Certificates Executive Certificates Executive short programs Executive short programs Online Online Companies Companies Executive MBA Executive MBA Summer School Youth Programs Youth Programs Summer programs Summer programs HEC Online Overview Overview Degree Program Degree Program Executive certificates Executive certificates MOOCs MOOCs Summer Programs Summer Programs
Faculty & Research

The Distributional Consequences of Trade: Evidence from the Repeal of the Corn Laws

19 Oct
2021
3:15 pm
Jouy-en-Josas
English

Participate

Add to Calendar
2021-10-19T15:15:00 2021-10-19T16:30:00 The Distributional Consequences of Trade: Evidence from the Repeal of the Corn Laws Economics and Decision Sciences Department Speaker : Yanos Zylberberg From: University of Bristol Videoconference   Jouy-en-Josas

Economics and Decision Sciences Department

Speaker : Yanos Zylberberg

From: University of Bristol

Videoconference

 

Abstract :

We provide new theory and evidence on the distributional consequences of trade using the 1846 Repeal of the Corn Laws. This large-scale trade liberalization opened domestic markets to the “grain invasion” from the new world that occurred as a result of late-19th century improvements in transport technology. We make use of a newly-created, spatially-disaggregated dataset on population, employment by sector, rateable values (land and property values), and poor law (welfare transfers) disbursement for around 11,000 parishes in England and Wales from 1801–1911. We show that the repeal of the Corn Laws led to rural outmigration, increased urbanization, structural transformation away from agriculture, increases in rural poverty, and sizable changes in property values. We show that a quantitative spatial model is successful in accounting for these empirical findings, with our estimates implying substantial labor mobility. We find that the aggregate welfare gains from the Repeal of the Corn Laws entailed considerable income redistribution, not only across sectors and factors, but also across geographical regions.

Zoom link: https://hec-fr.zoom.us/j/91230678078?pwd=aTMvQm1UTHJQZnhmS2htMEM5dU12QT09

Participate

Add to Calendar
2021-10-19T15:15:00 2021-10-19T16:30:00 The Distributional Consequences of Trade: Evidence from the Repeal of the Corn Laws Economics and Decision Sciences Department Speaker : Yanos Zylberberg From: University of Bristol Videoconference   Jouy-en-Josas