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Market dynamism and international trade: a case study of Mediterranean agricultural products, 1850-1935

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  • Vicente Pinilla
  • Maria-Isabel Ayuda

Abstract

This 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.

Suggested Citation

  • Vicente Pinilla & Maria-Isabel Ayuda, 2008. "Market dynamism and international trade: a case study of Mediterranean agricultural products, 1850-1935," Applied Economics, Taylor & Francis Journals, vol. 40(5), pages 583-595.
  • Handle: RePEc:taf:applec:v:40:y:2008:i:5:p:583-595
    DOI: 10.1080/00036840600707258
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    References listed on IDEAS

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    1. Offer, Avner, 1991. "The First World War: An Agrarian Interpretation," OUP Catalogue, Oxford University Press, number 9780198202790.
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    Cited by:

    1. Pinilla, Vicente & Serrano, Raúl, 2008. "The Agricultural and Food Trade in the First Globalization: Spanish Table Wine Exports 1871 to 1935 – A Case Study," Journal of Wine Economics, Cambridge University Press, vol. 3(02), pages 132-148, December.
    2. Duarte, Rosa & Pinilla, Vicente & Serrano, Ana, 2014. "The effect of globalisation on water consumption: A case study of the Spanish virtual water trade, 1849–1935," Ecological Economics, Elsevier, vol. 100(C), pages 96-105.
    3. María Isabel Ayuda & Hugo Ferrer-Pérez & Vicente Pinilla, 2018. "How to become a leader in an emerging new global market: The determinants of French wine exports, 1848-1938," Working Papers 0124, European Historical Economics Society (EHES).

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