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Europe's many integrations: geography and grain markets, 1620–1913

Chilosi, David, Murphy, Tommy E., Studer, Roman and Tunçer, A. Coşkun (2013) Europe's many integrations: geography and grain markets, 1620–1913. Explorations in Economic History, 50 (1). pp. 46-68. ISSN 0014-4983

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Abstract

This article documents and examines the integration of markets across the early modern/late modern divide, exploiting the largest dataset compiled to date on grain prices, spanning one hundred European cities evenly spread across land-locked and low-land areas. Using those series, it studies various measures of integration across distances and regions, and relies on principal component analysis to identify market structures. The analysis finds that European market integration was a gradual and step-wise rather than sudden process, and that early modern market structures were shaped by geography more directly than by political borders.

Item Type: Article
Official URL: http://www.journals.elsevier.com/explorations-in-e...
Additional Information: © 2013 Elsevier B.V.
Library of Congress subject classification: D History General and Old World > D History (General) > D204 Modern History
G Geography. Anthropology. Recreation > GF Human ecology. Anthropogeography
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HF Commerce
Journal of Economic Literature Classification System: F - International Economics > F1 - Trade > F14 - Country and Industry Studies of Trade
F - International Economics > F1 - Trade > F15 - Economic Integration
N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations > N13 - Europe: Pre-1913
N - Economic History > N7 - Transport, International and Domestic Trade, Energy, Technology, and Other Services > N73 - Europe: Pre-1913
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q17 - Agriculture in International Trade
Sets: Departments > Economic History
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 22 Oct 2012 08:36
URL: http://eprints.lse.ac.uk/46891/

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