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Market integration and disintegration of Poland and Gemany [Germany] in the 18th century

  • Baten, Jörg
  • Wallusch, Jacek

Was the 18th century a time period of gradual market integration? Or did the wars, famines, and criminality drive central European markets away from each other? We perform cointegration tests between four German and three Polish cities for rye markets in the 18th century, plus selected tests with other grains. We confirm earlier findings that Gdañsk was very well-connected. In a dynamic analysis between the early and the late 18th century we find that integration decreased considerably between German and Polish cities. At the same time Polish grain markets appear to disintegrate as well.

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Paper provided by University of Tübingen, School of Business and Economics in its series Tübinger Diskussionsbeiträge with number 268.

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Date of creation: 2003
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Handle: RePEc:zbw:tuedps:268
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  35. Stadler, Manfred & Hornig, Stephan O., 2000. "Wettbewerb bei unvollständiger Information: Informationsaustausch oder stillschweigende Kollusion?," Tübinger Diskussionsbeiträge 177, University of Tübingen, School of Business and Economics.
  36. Neubecker, Leslie, 2001. "Aktienkursorientierte Management-Entlohnung: Ein Wettbewerbshemmnis im Boom?," Tübinger Diskussionsbeiträge 225, University of Tübingen, School of Business and Economics.
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