Trading Costs, the Expansion of Trade and Economic Growth in Pre-Industrial Europe

In pre-industrial Europe, growth was driven by the expansion of trade, and the expansion of trade was driven by falling trading costs. This paper discusses the mechanisms linking these processes: profit-seeking behavior by merchants, changes in the organization of production, technological progress, and urbanization. It then reviews the fluctuations in European economic growth between 1000 and 1600 and argues that these can best be understood in terms of changing trading costs

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Year of publication:	2001
Authors:	Kohn, Meir
Publisher:	[S.l.] : SSRN
Subject:	Wirtschaftswachstum \| Economic growth \| Europa \| Europe \| Internationale Wirtschaft \| International economy \| EU-Staaten \| EU countries \| Transaktionskosten \| Transaction costs \| Transportkosten \| Transport costs

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Extent:	1 Online-Ressource (35 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 2001 erstellt
Other identifiers:	10.2139/ssrn.255569 [DOI]
Classification:	F10 - Trade. General ; F43 - Economic Growth of Open Economies ; N13 - Europe: Pre-1913 ; N73 - Europe: Pre-1913 ; O10 - Economic Development. General ; O31 - Innovation and Invention: Processes and Incentives ; O40 - Economic Growth and Aggregate Productivity. General ; O52 - Europe ; R11 - Regional Economic Activity: Growth, Development, and Changes
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014138697