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This paper analyses 19th century wheat market integration using comovement analysis borrowed from international business cycle research. This allows for tracking each single city's integration into its respective national market while controlling for international developments. I nd that the...
Persistent link: https://www.econbiz.de/10008471773
This article provides empirical evidence from the ‘first wave of globalization’ in the 19th century for the question as to how commodity markets integrated domestically and internationally. I apply a dynamic factor model borrowed from business cycle analysis that for the first time allows me...
Persistent link: https://www.econbiz.de/10009785577
, compared with over half in the case of Germany. Compared to Germany, railroad investment in the United States between 1880 and …
Persistent link: https://www.econbiz.de/10014047556
This chapter is part of a forthcoming edited volume exploring alternative approaches and readings of decisions of the European Court of Justice (ECJ) within their political, economic and legal contexts. This contribution focuses on the Viking judgment of December 2007, which, together with the...
Persistent link: https://www.econbiz.de/10012971790
Persistent link: https://www.econbiz.de/10010191280
Previous work has demonstrated the potential for wheat market integration between the US and the UK before the 'first era of globalization' in the second half of the nineteenth century. It was however frequently interrupted by policy and 'exogenous' events such as war. This paper adds Canada to...
Persistent link: https://www.econbiz.de/10012669553
Anaerobic digestion technology uses microorganisms to consume waste and produce methane gas, which serves as a source of clean renewable energy. Although anaerobic digestion is widely used for both purposes throughout the rest of the world, it is rarely applied in the United States. This Article...
Persistent link: https://www.econbiz.de/10013055878
Federalism and international trade regulation are popular topics in the legal literature, but the intersection of these two topics remains under-examined. This article explores this important intersection by engaging in a comparative analysis of U.S. and Canadian federalism, and by considering...
Persistent link: https://www.econbiz.de/10014170587
Imperial Chancellor (Reichskanzler). The REA was not able to keep railways in the Reich (unified Germany) under its perfect … inflexibility in both structural and personal matters. Furthermore, compared with the other railway administration bodies in Germany …
Persistent link: https://www.econbiz.de/10010584184
Are transaction costs and half-lives between two cities the same in both directions in traditional city-based monetary systems? Market conditions and political circumstances may not justify this assumption; and we provide evidence that it does not hold in the 1825-1885 period in Spain. Moreover,...
Persistent link: https://www.econbiz.de/10013213356