Proposal preview

Trade and Long-Term Development: Evidence from Three Millennia of Data

Openness to trade has the potential to affect the long term development of regions through a variety of mechanisms. Throughout the course of history, improvements in shipping and trading technology have dramatically lowered the barriers to trade. The first three papers in this session explore the impact of three particular technologies; open sea shipping, the chronometer and the global telegraph network. The final paper shows how financial frictions shape trade patterns. By bringing these papers together in one session, the aim is to foster discussion both on the mechanisms at work in different historical contexts and the way they impact our understand of the central question of how trade affects growth.


  • Claudia Steinwender, MIT Sloan,,
  • Reka Juhasz, Columbia University,,

Session members

  • Jorn Steffen Pischke, London School of Economics,
  • Stephan Maurer, University of Konstanz,
  • Ferdinand Rauch, University of Oxford,
  • Jan Bakker, University of Oxford,
  • Claudia Steinwender, MIT Sloan,
  • Reka Juhasz, Columbia University,
  • Luigi Pascali, Universitat Pompeu Fabra,
  • Alessandro Iaria, University of Bristol,
  • Martina Miotto, University of Warwick,
  • Chenzi Xu, Harvard University,

Proposed discussant(s)

  • Luigi Pascali, University of Warwick,
  • Mara Squicciarini, Bocconi University,
  • Chenzi Xu, Harvard University,
  • Jules Hugot, Asian Development Bank,