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Adam Smith and Amartya Sen : markets and famines in pre-industrial Europe
Author(s)
Date Issued
2002-08
Date Available
2008-08-26T15:52:31Z
Abstract
How markets perform during famines has long been a contentious issue. Recent research tends to associate famine with market segmentation and hoarding. The evidence of this paper, based on an analysis of the spatial and temporal patterns of price movements during four famines in preindustrial Europe, is that markets functioned ‘normally’ in times of crisis.
Type of Material
Working Paper
Publisher
University College Dublin, School of Economics
Series
UCD Centre for Economic Research Working Paper Series
WP02/18
Copyright (Published Version)
UCD School of Economics
Subject – LCSH
Famines--Europe
Markets--Europe
Food supply--Europe
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
File(s)
Owning collection
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