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This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of … process of market disintegration in 221 prefectures of Qing China. Comparing our results with those for grain price panels … from Western Europe we conclude that in terms of market integration the Great Divergence was well under way decades before …
Persistent link: https://www.econbiz.de/10011375678
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This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of … process of market disintegration in 221 prefectures of Qing China. Comparing our results with those for grain price panels … from Western Europe we conclude that in terms of market integration the Great Divergence was well under way decades before …
Persistent link: https://www.econbiz.de/10013011330
This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of … process of market disintegration in 221 prefectures of Qing China. Comparing our results with those for grain price panels … from Western Europe we conclude that in terms of market integration the Great Divergence was well under way decades before …
Persistent link: https://www.econbiz.de/10013012331
Persistent increases in basic food prices have become a critical challenge in Ethiopia since 2006. This paper assesses whether the structure of the grain market has contributed to the price increases. Traders having market power could create commodity price stickiness, implying that what goes up...
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