Markets and famines in pre-industrial Europe

Cormac Ó Gráda

Open Access publications from School of Economics, University College Dublin

Abstract: How markets perform during famines has long been a contentious issue. Recent research tends to associate famine with market segmentation and hoarding. Evidence based on an analysis of the spatial and temporal patterns of food-price movements during four famines in pre-industrial Europe indicates that markets functioned "normally" in times of crisis.

Keywords: Famines--Europe--History; Food--Marketing--History; Food prices--Europe--History (search for similar items in EconPapers)
Pages: 24 pages
Date: 2005
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Published in: Journal of Interdisciplinary History, 36(2) 2005

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Persistent link: https://EconPapers.repec.org/RePEc:ucn:oapubs:10197/447

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