2014
DOI: 10.1017/s021261091400010x
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Globalisation, Market Formation and Commoditisation in the Spanish Empire. Consumer Demand for Asian Goods in Mexico City and Seville, C. 1571-1630

Abstract: This article aims to shed light on the process and mechanisms through which Asian manufactured goods (Chinese silk and porcelain, among others) were commoditised and how markets for such goods were formed in the Spanish Empire. After the opening of the Manila Galleon route in 1571 supply of and demand for Asian goods grew in the Spanish Empire, but retail means of supply of such goods were scantly developed. The article offers an econometric model which, when applied to data on a sample of probate inventories … Show more

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Cited by 11 publications
(4 citation statements)
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“…Since demand factors did not differ significantly from each other, we may assume that supply factors were more important. As claimed by Gasch-Tomás (2014), transportation costs were higher in Spain because Asian goods arrived mostly—smuggling apart—through intra-imperial trade via Manila-Acapulco-Veracruz-Seville or Cádiz. This was so from the late 16 th century until the second half of the 18 th century.…”
Section: Why Commoners Could Participate In the 18th-century Consumer...mentioning
confidence: 94%
See 2 more Smart Citations
“…Since demand factors did not differ significantly from each other, we may assume that supply factors were more important. As claimed by Gasch-Tomás (2014), transportation costs were higher in Spain because Asian goods arrived mostly—smuggling apart—through intra-imperial trade via Manila-Acapulco-Veracruz-Seville or Cádiz. This was so from the late 16 th century until the second half of the 18 th century.…”
Section: Why Commoners Could Participate In the 18th-century Consumer...mentioning
confidence: 94%
“…Gasch-Tomás (2014, p. 210) has made a significant contribution by estimating, for 1580-1630, an econometric model in which the value of Asian goods in probate inventories of elites from Mexico City and Seville significantly responded, especially in the latter town, to non-commercial networks (e.g. seamen aboard the « Carrera de Indias » and relatives of the recipients residing in the Americas and the Philippines).…”
Section: Evidence On the Early Consumer Revolution In New Spainmentioning
confidence: 99%
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“…For example, the elegant library of the Palacio de Minería built between 1797 and 1813 in the historic center of Mexico City can still be visited today for a glimpse at how European fashions influenced what counted as knowledge even multiple decades past the trend's heyday (Acervo Histórico www.mineria.unam.mx). Indeed, the cabinets of Europe frequently contained objects collected or produced in the Americas and East Asia because these novelties were transported in the same ships from Veracruz and included items that had arrived at the Pacific port of Acapulco (Flynn 1996(Flynn , 2017Davids 2011;Bonialian 2012Gasch-Tomás 2014Peterson 2014;Aram 2014). The wunderkammer of Madrid, still on display at the Museo Nacional de Ciencias Naturales as the Real Gabinete de Historia Natural, is an example of a nineteenth-century cabinet of curiosities prepared by an enlightenment-era Ecuadorean, Pedro Franco Dávila (1711-1786, who was contracted to gather exotica from across the seas (Arinero 1988;Bleichmar 2021).…”
Section: Notes On Alexandro Favián's Lettersmentioning
confidence: 99%