Grain Markets in Europe, 1500-1900
Integration and Deregulation
By (author) Karl Gunnar Persson
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Grain Markets in Europe, 1500-1900 by Karl Gunnar Persson
Book DescriptionIn this 1999 book, Karl Gunnar Persson surveys a broad sweep of economic history, examining one of the most crucial markets - grain. His analysis allows him to draw more general lessons, for example that liberalization of markets was linked to political authoritarianism. Grain Markets in Europe traces the markets' early regulation, their poor performance and the frequent market failures. Price volatility caused by harvest shocks was of major concern for central and local government because of the unrest it caused. Regulation became obsolete when markets became more integrated and performed better through trade triggered by falling transport costs. Persson, a specialist in economic history, uses insights from development economics, explores contemporary economic thought on the advantages of free trade, and measures the extent of market integration using the latest econometric methods. Grain Markets in Europe will be of value to scholars and students in economic history, social history and agricultural and institutional economics.
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Book DetailsISBN: 9780521650960
(228mm x 152mm x 14mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 9-Dec-1999
Country of Publication: United Kingdom
Books By Author Karl Gunnar Persson
Economic History of Europe, Paperback (March 2015)
The second edition of a leading textbook on European economic history, updated throughout and with new coverage of post-financial crisis Europe.
Grain Markets in Europe, 1500-1900, Paperback (November 2005)» View all books by Karl Gunnar Persson
This 1999 book is a modern economic and institutional history of a crucial market.
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