2014
DOI: 10.1017/s0212610914000081
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SWEET BUSINESS: QUANTIFYING THE VALUE ADDED IN THE BRITISH COLONIAL SUGAR TRADE IN THE 18THCENTURY

Abstract: There has been a lot of research into the economic contribution of the periphery to European economic development during the early modern era. This paper estimates quantitatively the value added in the sugar trade from the Caribbean to Britain in the 18thcentury. The trade generated a value equivalent to around 1 per cent of British gross domestic product (GDP) by the early 18thcentury, growing to 4 per cent of GDP a century later. The results show that the sugar trade constituted a dynamic and rapidly growing… Show more

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Cited by 6 publications
(3 citation statements)
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“…18 Between 1700 and 11 Morgan (2000); Sheridan (2007;1974); Findlay & O'Rourke (2007: 335-9); Wright (2002: 362). 12 Sheridan (1957: 62-83); Rönnbäck (2014): 23-45. 13 Riello (2013: 135-59); Inikori (2002: 405-472); Kobayashi (2019) ;Richardson, (1979:303-330).…”
Section: Products and Atlantic Marketsmentioning
confidence: 99%
See 1 more Smart Citation
“…18 Between 1700 and 11 Morgan (2000); Sheridan (2007;1974); Findlay & O'Rourke (2007: 335-9); Wright (2002: 362). 12 Sheridan (1957: 62-83); Rönnbäck (2014): 23-45. 13 Riello (2013: 135-59); Inikori (2002: 405-472); Kobayashi (2019) ;Richardson, (1979:303-330).…”
Section: Products and Atlantic Marketsmentioning
confidence: 99%
“…38 In England and Wales 35 Inikori (2002;314-61); Hudson (2021). 36 Hudson (2014); Hudson (2021); Rönnbäck (2014). 37 Inikori (2002: 362-404); Hudson (1989).…”
Section: Atlantic Ports and Their Economic Hinterlandsmentioning
confidence: 99%
“…In recent years, there have been various attempts at studying the creation of value-added in historical transnational value-chains, for example in the transatlantic slave-and colonial goods trades (Combrink, 2017; Eltis & Engerman, 2000;Fatah-Black & Van Rossum, 2015;Rönnbäck 2014Rönnbäck , 2018. A value chain, according to the leading theorists Raphael Kaplinsky and Mike Morris 'describes the full range of activities which are required to bring a product or service from conception, through the different phases of production […] to final consumers' (Kaplinsky & Morris, 2001, p. 4).…”
Section: Value-chain Analysismentioning
confidence: 99%