IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

International and National Wheat Market Integration in the 19th Century: A Comovement Analysis

  • Martin Uebele

This paper analyses 19th century wheat market integration using comovement analysis borrowed from international business cycle research. This allows for tracking each single city's integration into its respective national market while controlling for international developments. I nd that the biggest push to global wheat market integration happened before 1860, before the railroad could have had substantial e ects. Thus, the increase of U.S. wheat supply after 1870 was not that revolutionary than the established convergence literature suggests. It seems to be fair instead to speak of a major producer accessing the world's biggest market for wheat { Western Europe. The results also call for reconsidering on how national and international markets evolved alongside as the timing turns out to be diverse across Europe. Some countries like Austria-Hungary developed national markets only at the end of the 19th century; others like England integrated nationally early in the 1800s, and later internationally.

If 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.

File URL: http://www1.wiwi.uni-muenster.de/cqe/forschung/publikationen/cqe-working-papers/CQE_WP_4_2009.pdf
File Function: Version of June, 2009
Download Restriction: no

Paper provided by Center for Quantitative Economics (CQE), University of Muenster in its series CQE Working Papers with number 0409.

as
in new window

Length: 67 pages
Date of creation: Jun 2009
Date of revision:
Handle: RePEc:cqe:wpaper:0409
Contact details of provider: Postal: Am Stadtgraben 9, 48143 Münster, Germany
Phone: +49.(0).251.83-25041
Fax: +49.(0).251.83-25042
Web page: http://www1.wiwi.uni-muenster.de/cqe/
Email:


More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:cqe:wpaper:0409. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Susanne Deckwitz)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.