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BEGIN:VEVENT
DTSTAMP:20260606T192840Z
DTSTART;VALUE=DATE-TIME:20250519T130000
DTEND;VALUE=DATE-TIME:20250519T140000
SUMMARY:Economic History Seminar - Stephan Heblich (Toronto)
TZID:Europe/London
UID:20250519-8a17841b9126eea001912d5a34df52d9@warwick.ac.uk
CREATED:20250430T091321Z
DESCRIPTION:Title: The Distributional Consequences of Trade: Evidence fro
 m the Grain Invasion (with Stephen Redding and Yanos Zylberberg). Here i
 s the abstract: We provide new evidence on the income distributional con
 sequences of trade using the New World Grain Invasion in the 19th Centur
 y and variation in agroclimatic suitability for wheat across locations w
 ithin England and Wales. We show that this large-scale agricultural trad
 e shock led to structural transformation away from agriculture and a red
 istribution of population from rural to urban areas. We develop a quanti
 tative spatial model to rationalize our empirical findings and evaluate 
 the aggregate implications of this international trade shock. We use our
  model to undertake counterfactuals for the Grain invasion\, holding con
 stant other exogenous determinants of economic activity. We find modest 
 aggregate welfare gains combined with much larger income distributional 
 effects\, with geography an important dimension along which these income
  distributional effects occur.
LOCATION:S2.79
CATEGORIES:Economic History Seminar
LAST-MODIFIED:20250430T091321Z
ORGANIZER;CN=Gill Gudger:
END:VEVENT
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