Market Integration and Convergence in the World Wheat Market, 1800-2000
Publikation: Working paper › Forskning
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- 0610
Forlagets udgivne version, 561 KB, PDF-dokument
This paper argues that the conventional view which sees international transport costs reductions as the major force in price convergence cannot be upheld when the period under scrutiny is extended to the last two centuries. Domestic transport costs fell for land-locked regions while real international transport costs fluctuated strongly without exhibiting a significant trend. Changes in trade policies were the
Originalsprog | Engelsk |
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Udgivelsessted | Cph. |
Udgiver | Department of Economics, University of Copenhagen |
Antal sider | 32 |
Status | Udgivet - 2006 |
Bibliografisk note
JEL Classification: N70
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