Strategies for longevity: the success and failings of merchant partnerships in the Liverpool-New York trading community, 1763-1833

Emily Buchnea
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Emily Buchnea: University of Nottingham

No 12026, Working Papers from Economic History Society

Abstract: "This paper aims to explain the composition of the Liverpool-New York trade network and identify the characteristics of long-lasting partnerships within this network. The paper will explore trade networks generally by explaining their function and identifying their problems. This project has identified three main phases of the Liverpool-New York trade network between 1763 and 1833. These three phases reflect change over time in this community through the maturation of the economies of each port and the ‘cleansing effect’ of major events. This paper will also look within these networks at the formation, reorganization and dissolution of merchant partnerships. This will be further investigated through a case study of Jonathan Ogden and his partnerships. This case will aid in illustrating how long-term partnerships often faced conflict and loss. It will also explain what characteristic were possessed by Ogden and his partners and why they were useful to the firm’s longevity."

JEL-codes: N00 (search for similar items in EconPapers)
Date: 2012-03
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