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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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Author Info
Vicente Pinilla () (Department of Applied Economics and Economic History, University of Zaragoza)
María Isabel Ayuda () (Department of Economic Analysis, University of Zaragoza)

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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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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
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Handle: RePEc:ahe:dtaehe:0606

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

Find related papers by JEL classification:
N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative

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  1. 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. [Downloadable!]
  2. 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. [Downloadable!]
  3. Goldstein, Morris & Khan, Mohsin S, 1978. "The Supply and Demand for Exports: A Simultaneous Approach," The Review of Economics and Statistics, MIT Press, vol. 60(2), pages 275-86, May. [Downloadable!] (restricted)
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