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This study provides a comprehensive understanding of the Great Fire's effects on London's economic geography. Our analysis reveals both continuity and change. There was a swift postfire recovery accompanied by some shift in economic activity towards the City of Westminster by 1690, with markets...
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Purpose: The purpose of this paper is to provide an empirical investigation of the idea that imperfectly informed consumers use simple signals to identify the characteristics of wine, for example, the geographical denomination. The reputation of a denomination will thus be an important guide...
Persistent link: https://www.econbiz.de/10012811932
The relative success of the Danish and failure of the Irish dairy industries before the First World War is often contrasted given their competition for the lucrative British butter market. The traditional narrative implicitly assumes that Ireland failed because it was unsuccessful at adopting...
Persistent link: https://www.econbiz.de/10013192117
Economic historians have debated the importance of energy for economic development. Energy economists would argue that energy systems need to be adaptable in the face of shocks. In this light, we consider the case of Denmark, a country which was almost entirely dependent on imports of coal, and...
Persistent link: https://www.econbiz.de/10013192118
The rapid spread of the Danish dairy cooperatives from the 1880s until the First World War is often portrayed as a uniform wave which swept the country. We investigate this using exceptionally detailed micro-level panel data taken from the Operational Statistics of Creameries, which were...
Persistent link: https://www.econbiz.de/10012669552
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