This study explores the spot and futures pricing of rice in Japan’s central and local cities during the period 1900–1939 to detect how importing primary products from the colonies impacted the commodity market in the metropole. The imperial country imported colonial primary products...

This paper uses an exceptionally rich data set to test the extent to which markets in Madagascar are integrated across space, time, and form (in converting from paddy to rice) and to explain some of the factors that limit arbitrage and price equalization within a single country. In particular,...