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La Integración del Mercado Español a Finales del Siglo XIX: Los Precios del Trigo Entre 1891 y 1905

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  • García, Mariano Matilla
  • Pascual, Pedro Pérez
  • Carnero, Basilio Sanz

Abstract

The degree of development of Spanish agriculture at the end of the XIX century and the beginning of XX is a controversial issue. In this respect the study of the integration of the domestic market could provide new evidence since the degree of the market integration can be considered an indicator of economic development. By using regional wheat prices this paper analyzes the Spanish market integration between 1891 and 1905. With this aim in mind we employ the usual cointegration approach as well as an alternative method based on spectral analysis that allows taking into consideration the existence of no synchronized cycles.

Suggested Citation

  • García, Mariano Matilla & Pascual, Pedro Pérez & Carnero, Basilio Sanz, 2009. "La Integración del Mercado Español a Finales del Siglo XIX: Los Precios del Trigo Entre 1891 y 1905," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 27(2), pages 321-349, January.
    • Handle: RePEc:cup:reveco:v:27:y:2009:i:02:p:321-349_00
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    Cited by:

    1. Julio Martinez-Galarraga & Daniel A. Tirado & Rafael González-Val, 2015. "Market potential and regional economic growth in Spain (1860–1930)," European Review of Economic History, European Historical Economics Society, vol. 19(4), pages 335-358.
    2. Martinez-Galarraga, Julio, 2012. "The determinants of industrial location in Spain, 1856–1929," Explorations in Economic History, Elsevier, vol. 49(2), pages 255-275.

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