39 research outputs found

    Ottoman De-Industrialization 1800-1913: Assessing the Shock, Its Impact and the Response

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    India and Britain were much bigger players in the 18th century world market for textiles than was Egypt, the Levant and the core of the Ottoman Empire, but these eastern Mediterranean regions did export carpets, silks and other textiles to Europe and the East. By the middle of the 19th century, they had lost most of their export market and much of their domestic market to globalization forces and rapid productivity growth in European manufacturing. Other local industries also suffered decline, and these regions underwent de-industrialization as a consequence. How different was Ottoman experience from the rest of the poor periphery? Was de-industrialization more or less pronounced? Was the terms of trade shock bigger or smaller? How much of Ottoman de-industrialization was due to falling world trade barriers -- ocean transport revolutions and European liberal trade policy, how much due to factory-based productivity advance in Europe, how much to declining Ottoman competitiveness in manufacturing, how much to Ottoman railroads penetrating the interior, and how much to Ottoman policy? The paper uses a price-dual approach to seek the answers. It documents trends in export and import prices, relative to each other and to non-tradables, as well as to the unskilled wage. The impact of globalization, European productivity advance, Ottoman wage costs and policy are assessed by using a simple neo-Ricardian three sector model, and by comparison with what was taking place in the rest of the poor periphery.

    Different paths to the modern state in Europe: the interaction between domestic political economy and interstate competition

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    Theoretical work on state formation and capacity has focused mostly on early modern Europe and on the experience of western European states during this period. While a number of European states monopolized domestic tax collection and achieved gains in state capacity during the early modern era, for others revenues stagnated or even declined, and these variations motivated alternative hypotheses for determinants of fiscal and state capacity. In this study we test the basic hypotheses in the existing literature making use of the large date set we have compiled for all of the leading states across the continent. We find strong empirical support for two prevailing threads in the literature, arguing respectively that interstate wars and changes in economic structure towards an urbanized economy had positive fiscal impact. Regarding the main point of contention in the theoretical literature, whether it was representative or authoritarian political regimes that facilitated the gains in fiscal capacity, we do not find conclusive evidence that one performed better than the other. Instead, the empirical evidence we have gathered lends supports to the hypothesis that when under pressure of war, the fiscal performance of representative regimes was better in the more urbanized-commercial economies and the fiscal performance of authoritarian regimes was better in rural-agrarian economie

    Different Paths to the Modern State in Europe: The Interaction between Domestic Political Economy and Interstate Competition

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    Technology and the Era of the Mass Army

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    Ottoman de-Industrialization 1800-1913: assessing the magnitude, impact and response

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    India and Britain were much bigger players in the eighteenth-century world market for manufactures than were Egypt, the Levant, and the core of the Ottoman Empire, but these eastern Mediterranean regions did export carpets, silks, and other textiles to Europe and the east. By the middle of the nineteenth century, they had lost most of their export market and much of their domestic market to globalization forces and rapid productivity growth in European manufacturing. How different was the Ottoman experience from the rest of the poor periphery? Was de-industrialization more or less pronounced? Was the terms of trade effect bigger or smaller? How much of Ottoman de-industrialization was due to falling world trade barriers such as ocean transport revolutions and European liberal trade policy, how much due to factory-based productivity advance in Europe, how much to declining Ottoman competitiveness in manufacturing, how much to Ottoman railroads penetrating the interior, and how much to Ottoman policy? This article uses a price-dual approach to seek the answers

    The Sources of Long-term Economic Growth for Turkey, 1880-2005

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    This paper considers the sources of long-term economic growth for Turkey over the period 1880-2005. The period in question covers the decline and eventual dissolution of the former Ottoman Empire and the emergence of the new Turkish Republic in 1923. Hence, the paper provides a unique look at the growth experience of these two different political and economic regimes. The paper examines in detail the evolution of factors that led to growth in output across broad periods, including the post WWII period and the era or globalization beginning in the 1980's. It also considers output growth in the agricultural and non-agricultural sectors separately and allows for the effects of sectoral re-allocation. The lessons from this exercise have important implications for Turkey's future economic performance, for its ability to converge to per capita income levels of developed countries, and for the viability of its current bid for European Union membership.determinants of growth; growth accounting; sectoral re-allocation

    Seismic velocity characterisation and survey design to assess CO2 injection performance at Kizildere geothermal field

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    The noncondensable gases in most geothermal resources include CO2 and smaller amounts of other gases. Currently, the worldwide geothermal power is a small sector within the energy industry, and CO2 emissions related to the utilisation of geothermal resources are consequently small. In some countries, however, such as Turkey and Iceland, geothermal energy production contributes significantly to their energy budget, and their CO2 emissions are relatively significant. SUCCEED is a targeted innovation and research project, which aims to investigate the reinjection of CO2 produced at geothermal power production sites and develop, test, and demonstrate at field scale innovative measurement, monitoring and verification (MMV) technologies that can be used in most CO2geological storage projects. The project is carried out at two operating geothermal energy production sites, the Kizildere geothermal field in Turkey and the CarbFix project site at the Hellishei eth i geothermal field in Iceland. Together with a brief description of the project, this paper presents the details of the two field sites and the progress made in seismic velocity characterisation and modelling relevant to the Kizildere geothermal field in Turke
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