The truth, the whole truth, and nothing but the truth: the English Corn Returns as a data source in economic history, 1770-1914
AbstractFrom 1770 to 1914, the British Government collected weekly price and quantity data for all types of grain traded in many market towns; these ‘Corn Returns’ were published in the London Gazette. We computerised the data published 1770-1864, totalling around 6 million data points. Here we describe the nature of these data; discuss why, when and how they were collected; consider their accuracy and biases; describe how we computerised them; and offer caveats in using these – and similar – data. We highlight the problem of drawing valid inferences in the face of price impact from fluctuating grain quality and rising imports.
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Bibliographic InfoPaper provided by Department of Economics, Norwegian School of Economics in its series Discussion Paper Series in Economics with number 9/2013.
Length: 30 pages
Date of creation: 18 Apr 2013
Date of revision:
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Postal: NHH, Department of Economics, Helleveien 30, N-5045 Bergen, Norway
Phone: +47 55 959 277
Fax: 5595 9100
Web page: http://www.nhh.no/sam/
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Grain prices; market institutions; data collection;
Other versions of this item:
- Liam Brunt & Edmund Cannon, 2013. "The truth, the whole truth, and nothing but the truth: the English Corn Returns as a data source in economic history, 1770-1914," European Review of Economic History, Oxford University Press, vol. 17(3), pages 318-339, August.
- Brunt, Liam & Cannon, Edmund, 2013. "The truth, the whole truth, and nothing but the truth: the English Corn Returns as a data source in economic history, 1770-1914," CEPR Discussion Papers 9515, C.E.P.R. Discussion Papers.
- N53 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: Pre-1913
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
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