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Of Mice and Merchants: Trade and Growth in the Iron Age

Jan David Bakker, Ferdinand Rauch (), Stephan Maurer and Jorn-Steffen Pischke

No 854, Economics Series Working Papers from University of Oxford, Department of Economics

Abstract: We study the causal connection between trade and development using one of the earliest massive trade expansions: the ï¬ rst systematic crossing of open seas in the Mediterranean during the time of the Phoenicians. We construct a measure of connectedness along the shores of the sea. This connectivity varies with the shape of the coast, the location of islands, and the distance to the opposing shore. We relate connectedness to local growth, which we measure using the presence of archaeological sites in an area. We ï¬ nd an association between better connected locations and archaeological sites during the Iron Age, at a time when sailors began to cross open water very routinely and on a big scale. We corroborate these ï¬ ndings at the level of the world.

Keywords: Urbanization; locational fundamentals; trade (search for similar items in EconPapers)
JEL-codes: F14 N7 O47 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gro, nep-his and nep-int
Date: 2018-07-06
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Working Paper: Of Mice and Merchants: Trade and Growth in the Iron Age (2018) Downloads
Working Paper: Of Mice and Merchants: Trade and Growth in the Iron Age (2018) Downloads
Working Paper: Of mice and merchants: trade and growth in the Iron Age (2018) Downloads
Working Paper: Of Mice and Merchants: Trade and Growth in the Iron Age (2018) Downloads
Working Paper: Of Mice and Merchants: Trade and Growth in the Iron Age (2018) Downloads
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