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Epidemic trade

Author

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  • Boerner, Lars
  • Severgnini, Battista

Abstract

This paper uses the spread of disease as a proxy to measure economic interactions. Based on a case study of the Black Death (1346-51) in the Mediterranean region and Europe, we find geographic, institutional, and cultural determinants of trade. To achieve this we create and empirically test a trade model between cities. Our findings allow us to create a new methodology to measure economic interaction and shed light on open questions in economics, especially pertaining to trade, economic history, and growth

Suggested Citation

  • Boerner, Lars & Severgnini, Battista, 2014. "Epidemic trade," Economic History Working Papers 60382, London School of Economics and Political Science, Department of Economic History.
  • Handle: RePEc:ehl:wpaper:60382
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    File URL: http://eprints.lse.ac.uk/60382/
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    References listed on IDEAS

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    1. Munro, John H., 2004. "Before and after the Black Death: money, prices, and wages in fourteenth-century England," MPRA Paper 15748, University Library of Munich, Germany.
    2. Nathan Nunn & Diego Puga, 2012. "Ruggedness: The Blessing of Bad Geography in Africa," The Review of Economics and Statistics, MIT Press, vol. 94(1), pages 20-36, February.
    3. Börner, Lars & Severgnini, Battista, 2011. "Epidemic trade," Discussion Papers 2011/12, Free University Berlin, School of Business & Economics.
    4. Chilosi, David & Volckart, Oliver, 2009. "Money, states and empire: financial integration cycles and institutional change in Central Europe, 1400-1520," Economic History Working Papers 27884, London School of Economics and Political Science, Department of Economic History.
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    Citations

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    Cited by:

    1. Bertocchi, Graziella & Bozzano, Monica, 2016. "Women, medieval commerce, and the education gender gap," Journal of Comparative Economics, Elsevier, vol. 44(3), pages 496-521.
    2. Börner, Lars & Severgnini, Battista, 2011. "Epidemic trade," Discussion Papers 2011/12, Free University Berlin, School of Business & Economics.
    3. Maurizion Iacopetta, 2016. "Commercial revolutions, search, and development," Documents de Travail de l'OFCE 2016-08, Observatoire Francais des Conjonctures Economiques (OFCE).
    4. Remi Jedwab & Mark Koyama & Noel Johnson, "undated". "Negative Shocks and Mass Persecutions: Evidence from the Black Death," Working Papers 2017-4, The George Washington University, Institute for International Economic Policy.
    5. Beard, Rodney, 2015. "Using a structural gravity model to assess the risk of livestock disease incursions in the UK," 150th Seminar, October 22-23, 2015, Edinburgh, Scotland 212668, European Association of Agricultural Economists.
    6. Wahl, Fabian, 2016. "Does medieval trade still matter? Historical trade centers, agglomeration and contemporary economic development," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 50-60.
    7. Maurizio Iacopetta, 2016. "Commercial Revolutions, Search, and Development," 2016 Meeting Papers 1394, Society for Economic Dynamics.

    More about this item

    Keywords

    trade; Black Death; gravity model; Poisson pseudo maximum likelihood; spatial regression discontinuity;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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