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Comparing The Correlation Length Of Grain Markets In China And France

Author

Listed:
  • BERTRAND M. ROEHNER

    () (LPTHE, University Paris 7, 2 place Jussieu, 75005 Paris, France)

  • CAROL H. SHIUE

    () (Dept. of Economics, University of Texas, Austin, TX 78712-1173, U.S.A.)

Abstract

In economics, comparative analysis plays the same role as experimental research in physics. In this paper, we closely examine several methodological problems related to comparative analysis by investigating the specific example of grain markets in China and France respectively. This enables us to answer a question in economic history which has so far remained pending, namely whether or not market integration progressed in the 18th century. In economics as in physics, before any new result being accepted, it has to be checked and re-checked by different researchers. This is what we call the replication and comparison procedures. We show how these procedures should (and can) be implemented.

Suggested Citation

  • Bertrand M. Roehner & Carol H. Shiue, 2000. "Comparing The Correlation Length Of Grain Markets In China And France," International Journal of Modern Physics C (IJMPC), World Scientific Publishing Co. Pte. Ltd., vol. 11(07), pages 1383-1410.
  • Handle: RePEc:wsi:ijmpcx:v:11:y:2000:i:07:n:s012918310000122x
    DOI: 10.1142/S012918310000122X
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    Cited by:

    1. Carol H. Shiue & Wolfgang Keller, 2007. "Markets in China and Europe on the Eve of the Industrial Revolution," American Economic Review, American Economic Association, vol. 97(4), pages 1189-1216, September.

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