Financiación y especialización productiva: el mercado de crédito malagueño a finales del sigloXVIII

José Luis Peña-Mir
Additional contact information
José Luis Peña-Mir: Departament d’Història Econòmica, Institucions, Política i Economia Mundial, Facultat d’Economia i Empresa, Universitat de Barcelona, Barcelona, España

Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, 2016, vol. 12, issue 03, 133-143

Abstract: The role played by financial services is a key element in favouring the growth potential of an economy, especially for those who move from one subsistence framework to one dominated by market relations, and integration into broader commercial circuits. In this paper, an analysis is made of the functioning of the credit market in Malaga through a type of loan/obligation contract during a period of economic expansion at end of the eighteenth century, linking financial development with the situation of the local economy, dominated by the production and the subsequent export of wine derivatives. The generalisation of certain market practices among multiple lenders seems to respond to the need to mould the lending instruments to local material reality, with the aims of ensuring greater market efficiency, and overcoming the obstacles to an optimal allocation of resources. KEY Classification-JEL: N2

Keywords: Mercados; financieros.; Crédito; rural.; Redes; sociales (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://recyt.fecyt.es/index.php/IHE/article/view/70751/42855 (application/pdf)
This is an Open Access journal

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ahe:invest:v:12:y:2016:i:03:p:133-143

Access Statistics for this article

More articles in Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association from Asociación Española de Historia Económica Contact information at EDIRC.
Bibliographic data for series maintained by Elena Garcia Cruz ().