The evolution of markets in early modern Europe, 1350-1800: a study of grain prices
This paper attempts to establish the trend of market development in Europe in the centuries before the industrial revolution, by applying three different measures of market integration to a compilation of monthly and annual price data. In contrast to much of the existing work, which suggests that ma...
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| Format: | Working paper |
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University of Oxford
2007
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| _version_ | 1797078527599706112 |
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| author | Bateman, V |
| author_facet | Bateman, V |
| author_sort | Bateman, V |
| collection | OXFORD |
| description | This paper attempts to establish the trend of market development in Europe in the centuries before the industrial revolution, by applying three different measures of market integration to a compilation of monthly and annual price data. In contrast to much of the existing work, which suggests that markets generally improved during this time, the findings propose that markets were as well integrated in the fifteenth century as in the late eighteenth century. In between these two times, markets are found to have suffered a severe contraction. These results provide a challenge to our current thoughts on economic growth. |
| first_indexed | 2024-03-07T00:33:09Z |
| format | Working paper |
| id | oxford-uuid:8082ede5-1078-44a2-8cd6-865063688b45 |
| institution | University of Oxford |
| last_indexed | 2024-03-07T00:33:09Z |
| publishDate | 2007 |
| publisher | University of Oxford |
| record_format | dspace |
| spelling | oxford-uuid:8082ede5-1078-44a2-8cd6-865063688b452022-03-26T21:23:51ZThe evolution of markets in early modern Europe, 1350-1800: a study of grain pricesWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:8082ede5-1078-44a2-8cd6-865063688b45Bulk import via SwordSymplectic ElementsUniversity of Oxford2007Bateman, VThis paper attempts to establish the trend of market development in Europe in the centuries before the industrial revolution, by applying three different measures of market integration to a compilation of monthly and annual price data. In contrast to much of the existing work, which suggests that markets generally improved during this time, the findings propose that markets were as well integrated in the fifteenth century as in the late eighteenth century. In between these two times, markets are found to have suffered a severe contraction. These results provide a challenge to our current thoughts on economic growth. |
| spellingShingle | Bateman, V The evolution of markets in early modern Europe, 1350-1800: a study of grain prices |
| title | The evolution of markets in early modern Europe, 1350-1800: a study of grain prices |
| title_full | The evolution of markets in early modern Europe, 1350-1800: a study of grain prices |
| title_fullStr | The evolution of markets in early modern Europe, 1350-1800: a study of grain prices |
| title_full_unstemmed | The evolution of markets in early modern Europe, 1350-1800: a study of grain prices |
| title_short | The evolution of markets in early modern Europe, 1350-1800: a study of grain prices |
| title_sort | evolution of markets in early modern europe 1350 1800 a study of grain prices |
| work_keys_str_mv | AT batemanv theevolutionofmarketsinearlymoderneurope13501800astudyofgrainprices AT batemanv evolutionofmarketsinearlymoderneurope13501800astudyofgrainprices |