Price volatility, reflecting the ability to absorb exogenous supply- or demand shocks, is an important dimension of market performance. In this paper we present a model to study the factors determining the price volatility of markets of basic foodstuffs in pre industrial societies. This model is...

The contrasting tariff regimes of Northern and Southern Ireland after 1932 must have influenced industrial structure and specialization. Can a comparison of Northern and Southern data from the 1960s, just before the South began to opt for trade liberalization again, 'reveal' the damage done by...

This Paper argues that a geographical perspective is fundamental to understanding comparative economic development in the context of globalization. Central to this view is the role of agglomeration in productivity performance; size and location matter. The tools of the new economic geography are...