Market dynamism and international trade: a case study of Mediterranean agricultural products, 1850-1935
AbstractThis article concentrates on analysing the rightward shifts of the demand curve for Mediterranean agricultural products from 1850 to 1938. We have found that such shifts were especially conditioned by the different income elasticities of demand and by changes or otherwise, in consumer preferences. Our aim is to show that there was an initial conditioning factor for the producer countries to take full advantage of these potential growth opportunities, namely the size of such shifts.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 40 (2008)
Issue (Month): 5 ()
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- Pinilla, Vicente & Serranoz, Raul, 2008. "The agricultural and food trade in the first globalisation: Spanish table wine exports 1871 to 1935 – a case study," Working Papers 42657, American Association of Wine Economists.
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