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Speculation and Collusion in the North of Castile. 1820–1880

Rafael Barquín ()

Chapter Chapter 5 in Companies and Entrepreneurs in the History of Spain, 2021, pp 65-81 from Palgrave Macmillan

Abstract: Abstract This chapter studies the possible existence of speculation and collusive practices in the production and commercialization of wheat and flour in the North of Castilla in the mid-nineteenth century. These goods were exported from Santander to Catalonia, Europe and Cuba. Part of the rise in food prices during the agricultural crises was attributed to these practices, mainly in the 1856/1857 crisis. The chapter argues that speculation could not have had harmful effects, but perhaps the opposite. It is also argued that market cartelization was not possible. Instead, the trade policy could have harmed consumers.

Keywords: Speculation; Collusion; Castile; Nineteenth century; Commercialization (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/978-3-030-61318-1_5

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Handle: RePEc:pal:palscp:978-3-030-61318-1_5