CAMPBELL, BRUCE M.S.; GRÁDA, CORMAC Ó - In: The Journal of Economic History 71 (2011) 04, pp. 859-886
The frequency of bad harvests and price elasticity of demand are measured using new data on English grain yields 1268–1480 and 1750–1850 and a revised price series. The analysis shows that major harvest shortfalls were a significant component of most historical subsistence crises, as...