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La Integración del Mercado Español a Finales del Siglo XIX: Los Precios del Trigo Entre 1891 y 1905*

Mariano Matilla-García, Pedro Pérez Pascual and Basilio Sanz-Carnero ()

Revista de Historia Económica / Journal of Iberian and Latin American Economic History, 2009, vol. 27, issue 2, 321-349

Abstract: The degree of development of Spanish agriculture at the end of the XIX century and the beginning of XX is a controversial issue. In this respect the study of the integration of the domestic market could provide new evidence since the degree of the market integration can be considered an indicator of economic development. By using regional wheat prices this paper analyzes the Spanish market integration between 1891 and 1905. With this aim in mind we employ the usual cointegration approach as well as an alternative method based on spectral analysis that allows taking into consideration the existence of no synchronized cycles.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:cup:reveco:v:27:y:2009:i:02:p:321-349_00

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