2011
DOI: 10.1016/j.eeh.2010.12.003
|View full text |Cite
|
Sign up to set email alerts
|

National and international market integration in the 19th century: Evidence from comovement

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1

Citation Types

3
10
0

Year Published

2012
2012
2024
2024

Publication Types

Select...
6
4

Relationship

0
10

Authors

Journals

citations
Cited by 43 publications
(13 citation statements)
references
References 24 publications
3
10
0
Order By: Relevance
“…Second, there is new evidence that the East was exporting only some particular products (grain) to some particular markets (especially Britain), but hardly to Western parts of Prussia. Recent studies show that during the 19 th century domestic Prussian grain markets stayed highly fragmented (Kopsidis 2002;Uebele 2009). Even after the political unification of Germany in 1871 there is evidence for a high degree of internal fragmentation, especially a strong internal east-west divide in domestic trade in agricultural as well as in other commodities (Wolf 2009).…”
Section: A Brief Review Of the Literature On Prussiamentioning
confidence: 99%
“…Second, there is new evidence that the East was exporting only some particular products (grain) to some particular markets (especially Britain), but hardly to Western parts of Prussia. Recent studies show that during the 19 th century domestic Prussian grain markets stayed highly fragmented (Kopsidis 2002;Uebele 2009). Even after the political unification of Germany in 1871 there is evidence for a high degree of internal fragmentation, especially a strong internal east-west divide in domestic trade in agricultural as well as in other commodities (Wolf 2009).…”
Section: A Brief Review Of the Literature On Prussiamentioning
confidence: 99%
“…Roy's article on the indigo sector in India suggests that the coding of commercial law was influenced more by commercialization than by the nature of the state and that it was an endogenous response by British merchants to the failure of local custom and common law to secure frictionless trade. Uebele analyses relative wheat price fluctuations to investigate market integration among 72 European and US cities. Human capital and professional training were also topics that contributed to this strand of literature.…”
Section: –1945mentioning
confidence: 99%
“…Second, my approach is closely linked to multivariate dynamic factor models that estimate co-movement across various observed series. This research avenue has been explored by Sarferaz and Uebele (2009) and Uebele (2011) in an attempt to track down business-cycle movements in pre-WWI Germany. To the best of my knowledge, this study is the first in the field of economic history to combine the two by using the state-space form in a multivariate setting for estimating common components.…”
Section: Introductionmentioning
confidence: 99%