Market Integration and Convergence in the World Wheat Market, 1800-2000

Research output: Working paperResearch

Documents

  • 0610

    Final published version, 561 KB, PDF document

  • Karl Gunnar Persson
  • Giovanni Federico
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
Original languageEnglish
Place of PublicationCph.
PublisherDepartment of Economics, University of Copenhagen
Number of pages32
Publication statusPublished - 2006

Number of downloads are based on statistics from Google Scholar and www.ku.dk


No data available

ID: 312571