Publication
Title
Driven by crises : price integration on the grain market in late medieval Flanders
Author
Abstract
At the centre of the debate on pre‐industrial economic growth is the study of market integration, a topic that has increasingly been the focus of intense scientific interest in recent decades. However, this has remained limited to the early modern and modern periods, mainly due to the availability of relevant data. New grain price series have been constructed for several Flemish cities dating back to the early fourteenth century. As one of the most populated regions in the late Middle Ages, the case of Flanders shows that the extraordinary sequence of price shocks in the mid‐fourteenth century had a positive impact on the degree of price integration in the grain market. The Flemish grain market functioned better in times of crisis, but caused prices to rise steadily across the entire integrated system during the prolonged crisis period. Whereas many studies have labelled the late Middle Ages – particularly the fifteenth century – as an age of economic contraction with more isolated trade networks, this study shows that Flanders remained a highly economically integrated region.
Language
English
Source (journal)
The economic history review. - London
Publication
London : 2023
ISSN
0013-0117 [print]
1468-0289 [online]
DOI
10.1111/EHR.13301
Volume/pages
(2023) , p. 1-24
ISI
001087073000001
Full text (Publisher's DOI)
Full text (open access)
The author-created version that incorporates referee comments and is the accepted for publication version Available from 25.10.2024
Full text (publisher's version - intranet only)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identifier
Creation 31.10.2023
Last edited 10.01.2024
To cite this reference