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“Horn Of Plenty” Revisited: The Globalization Of Mediterranean Horticulture And The Economic Development Of Spain, 1850-1935

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  • Vicente Pinilla

    ()
    (Department of Applied Economics and Economic History, University of Zaragoza)

  • María Isabel Ayuda

    ()
    (Department of Economic Analysis, University of Zaragoza)

Abstract

This paper analizes the impact of the globalization of Mediterranean horticultural products (MHP). From 1850 onwards, the Mediterranean countries took advantage of the new opportunities that arose to increase their production and trade in MHP. The Spanish case shows how the high elasticity of supply with respect to prices helps to explain the enormous increase of its production and trade in MHP, that became the most dynamic sector of Spanish agriculture. The analysis of the counterfactual case of the non-existence of US MHP emphasizes the cost of this increasing competition to the traditional producers from the end of the nineteenth century.

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File URL: http://www.aehe.net/2006/12/dt-aehe-0606.pdf
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Bibliographic Info

Paper provided by Asociación Española de Historia Económica in its series Documentos de Trabajo (DT-AEHE) with number 0606.

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Length: 49 pages
Date of creation: Nov 2006
Date of revision:
Handle: RePEc:ahe:dtaehe:0606

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Related research

Keywords: Globalization; International Markets; Spanish Economic Development; International Trade; Mediterranean Horticultural Products.;

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  1. O'Rourke, Kevin H., 1997. "The European Grain Invasion, 1870–1913," The Journal of Economic History, Cambridge University Press, vol. 57(04), pages 775-801, December.
  2. Henderson, J. Vernon & Shalizi, Zmarak & Venables, Anthony J., 2000. "Geography and development," Policy Research Working Paper Series 2456, The World Bank.
  3. Stephen Redding & Anthony Venables, 2004. "Geography and Export Performance: External Market Access and Internal Supply Capacity," NBER Chapters, in: Challenges to Globalization: Analyzing the Economics, pages 95-130 National Bureau of Economic Research, Inc.
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  6. Harley, C. Knick, 1988. "Ocean Freight Rates and Productivity, 1740–1913: The Primacy of Mechanical Invention Reaffirmed," The Journal of Economic History, Cambridge University Press, vol. 48(04), pages 851-876, December.
  7. Kwiatkowski, D. & Phillips, P.C.B. & Schmidt, P., 1990. "Testing the Null Hypothesis of Stationarity Against the Alternative of Unit Root : How Sure are we that Economic Time Series have a Unit Root?," Papers 8905, Michigan State - Econometrics and Economic Theory.
  8. Venables, Anthony J. & Limao, Nuno, 1999. "Geographical disadvantage - a Heckscher-Ohlin-von Thunen model of international specialization," Policy Research Working Paper Series 2256, The World Bank.
  9. Pinilla, Vicente & Ayuda, Maria-Isabel, 2002. "The political economy of the wine trade: Spanish exports and the international market, 1890 1935," European Review of Economic History, Cambridge University Press, vol. 6(01), pages 51-85, April.
  10. Rhode, Paul W., 1995. "Learning, Capital Accumulation, and the Transformation of California Agriculture," The Journal of Economic History, Cambridge University Press, vol. 55(04), pages 773-800, December.
  11. Kevin H. O'Rourke & Jeffrey G. Williamson, 2001. "Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650592, December.
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