Globalisation and the Ottoman Empire: A study of integration between Ottoman and world cotton markets
AbstractThe Ottoman Empire underwent a process of integration with the global economy during the second half of the Nineteenth Century. This paper explores one aspect of this process, examining the linkages established between the cotton industries in Egypt and Western Anatolia, which we consider as part of the Empire, and the international cotton market during the first wave of globalisation. We undertake a quantitative exploration of the pattern of price transmission between the Ottoman and the international cotton markets over this period, connecting changes in the nature of spatial market integration to major economic and political developments.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by School of Economics, La Trobe University in its series Working Papers with number 2012.01.
Length: 35 pages
Date of creation: 2012
Date of revision:
Market integration; Globalisation; Ottoman Empire;
Find related papers by JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
- N75 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Asia including Middle East
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-04-23 (All new papers)
- NEP-ARA-2012-04-23 (MENA - Middle East & North Africa)
- NEP-HIS-2012-04-23 (Business, Economic & Financial History)
- NEP-HME-2012-04-23 (Heterodox Microeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Narayan, Paresh Kumar & Smyth, Russell, 2005. "The residential demand for electricity in Australia: an application of the bounds testing approach to cointegration," Energy Policy, Elsevier, vol. 33(4), pages 467-474, March.
- Jacks, David S. & O Rourke, Kevin H. & Williamson, Jeffrey G, 2009.
"Commodity Price Volatility and World Market Integration since 1700,"
CEPR Discussion Papers
7190, C.E.P.R. Discussion Papers.
- David S. Jacks & Kevin H. O'Rourke & Jeffrey G. Williamson, 2011. "Commodity Price Volatility and World Market Integration since 1700," The Review of Economics and Statistics, MIT Press, vol. 93(3), pages 800-813, August.
- David S. Jacks & Kevin H. O'Rourke & Jeffrey G. Williamson, 2009. "Commodity Price Volatility and World Market Integration since 1700," NBER Working Papers 14748, National Bureau of Economic Research, Inc.
- David S. Jacks, Kevin H. O'Rourke and Jeffrey G. Williamson, 2009. "Commodity Price Volatility and World Market Integration since 1700," The Institute for International Integration Studies Discussion Paper Series iiisdp284, IIIS.
- David S. Jacks, Kevin H. O'Rourke and Jeffrey G. Williamson, 2009. "Commodity Price Volatility and World Market Integration since 1700," The Institute for International Integration Studies Discussion Paper Series iiisdp280, IIIS.
- Clemente, Jesus & Montanes, Antonio & Reyes, Marcelo, 1998. "Testing for a unit root in variables with a double change in the mean," Economics Letters, Elsevier, vol. 59(2), pages 175-182, May.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stephen Scoglio).
If references are entirely missing, you can add them using this form.