international market in rice and wheat, 1868-1914
On the basis of high correlations between various price series, it is suggested that rice moved within an integrated international market between 1868 and 1914. Rice and wheat were substitutes; fluctuations in the price of one grain affected the price of the other. The rice market met the wheat mark...
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Veröffentlicht in: | The Economic history review 1983-05, Vol.36 (2), p.260-280 |
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description | On the basis of high correlations between various price series, it is suggested that rice moved within an integrated international market between 1868 and 1914. Rice and wheat were substitutes; fluctuations in the price of one grain affected the price of the other. The rice market met the wheat market in India, the correlation between the prices of the two grains there being 0.91. Industrial demand in the west was partly dependent upon farm incomes determined by grain prices. In this way industrial demand was influenced by the price of rice in Asia. |
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In this way industrial demand was influenced by the price of rice in Asia.</description><subject>agribusiness</subject><subject>agricultural economics</subject><subject>agricultural history</subject><subject>Crop economics</subject><subject>distribution (economics)</subject><subject>Economic fluctuations</subject><subject>Grain trade</subject><subject>Grains</subject><subject>Imports</subject><subject>International trade</subject><subject>Market prices</subject><subject>marketing</subject><subject>Rice</subject><subject>Wheat</subject><subject>Wheat market</subject><issn>0013-0117</issn><issn>1468-0289</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1983</creationdate><recordtype>article</recordtype><sourceid>K30</sourceid><recordid>eNp9kE1LxDAQhoMouK7iT7Cg4MXqTKZpk6MsfsGCB91zSLNT7bq2a9JF_PdGumdPA-88vMw8QpwiXEuC6kYqo4ykPTHBotQ5SG32xQQAKQfE6lAcxbgCAJUWE4FtN3Do3ND2nVtnny588JC1XRZaz5nrltn3O7vhKkOdytBgcSwOGreOfLKbU7G4v3udPebz54en2e0890Q05KqqlSdXGWxqr11dgix8XRSsNesUV-DRUbE0QJ5QyYolslIlL5l9XTJNxfnYuwn915bjYFf9Nl26jhalIVWg0ipRlyPlQx9j4MZuQpu--LEI9s-H3flI5MVIruLQh3-wsxFrXG_dW2ijXbzIZA9kCQSE9As85GK_</recordid><startdate>19830501</startdate><enddate>19830501</enddate><creator>Latham, A.J.H</creator><creator>Neal, L</creator><general>Titus Wilson and Son Ltd</general><general>Popper and Co</general><scope>FBQ</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>FBAQO</scope><scope>FUVTR</scope><scope>IOIBA</scope><scope>K30</scope><scope>PAAUG</scope><scope>PAWHS</scope><scope>PAWZZ</scope><scope>PAXOH</scope><scope>PBHAV</scope><scope>PBQSW</scope><scope>PBYQZ</scope><scope>PCIWU</scope><scope>PCMID</scope><scope>PCZJX</scope><scope>PDGRG</scope><scope>PDWWI</scope><scope>PETMR</scope><scope>PFVGT</scope><scope>PGXDX</scope><scope>PIHIL</scope><scope>PISVA</scope><scope>PJCTQ</scope><scope>PJTMS</scope><scope>PLCHJ</scope><scope>PMHAD</scope><scope>PNQDJ</scope><scope>POUND</scope><scope>PPLAD</scope><scope>PQAPC</scope><scope>PQCAN</scope><scope>PQCMW</scope><scope>PQEME</scope><scope>PQHKH</scope><scope>PQMID</scope><scope>PQNCT</scope><scope>PQNET</scope><scope>PQSCT</scope><scope>PQSET</scope><scope>PSVJG</scope><scope>PVMQY</scope><scope>PZGFC</scope></search><sort><creationdate>19830501</creationdate><title>international market in rice and wheat, 1868-1914</title><author>Latham, A.J.H ; 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source | Periodicals Index Online; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing |
subjects | agribusiness agricultural economics agricultural history Crop economics distribution (economics) Economic fluctuations Grain trade Grains Imports International trade Market prices marketing Rice Wheat Wheat market |
title | international market in rice and wheat, 1868-1914 |
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