Article ID Journal Published Year Pages File Type
5069087 Explorations in Economic History 2007 24 Pages PDF
Abstract
This paper examines market integration in Italy in the 19th century, focusing on wheat. Wheat prices converged well before political Unification (1859-1861) but the process halted during the 1860s only to resume in the 1870s and 1880s. The first wave of integration was caused mainly by improvements in market efficiency while the second wave owed much to a reduction in transport costs.
Related Topics
Social Sciences and Humanities Arts and Humanities History
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