Distance and time effects in Swedish commodity prices, 1732-1914

Arbeitspapier

We study the role of distance and time in statistically explaining price dispersion across 32 Swedish towns for 19 commodities from 1732 to 1914. The resulting large number of relative prices (502,689) allows precise estimation of distance and time effects, and their interaction. We find an effect of distance that declines significantly over time, beginning in the 18th century, well before the arrival of canals, the telegraph, or the railway.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Queen's Economics Department Working Paper ; No. 1357

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic History: Transport, International and Domestic Trade, Energy, Technology, and Other Services: General, International, or Comparative ; Economic Impacts of Globalization: Microeconomic Impacts ; Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications
• Thema: distance effect ; law of one price ; Rohstoffpreis ; Regionaler Preisindex ; Preiskonvergenz ; Geographische Entfernung ; Verkehrsgeschichte ; Schätzung ; Schweden

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Crucini, Mario J. ; Smith, Gregor W.
• Ereignis: Veröffentlichung
• (wer): Queen's University, Department of Economics
• (wo): Kingston (Ontario)
• (wann): 2016

Weitere Informationen

• Handle: http://hdl.handle.net/10419/149083
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ