What drove 19th century commodity market integration

By D. Jacks. 2006

139 citations recorded by the source corpus.

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The Wind of Change: Maritime Technology, Trade and Economic Development (2017, background): “1 In Krugman (1991), external economies arise from the desire of firms to establish their facilities close to customers/workers; in Krugman and Venables (1995), externalities arise from linkages between firms; and in Baldwin, Martin and Ottaviano (2001), externalities arise from capital accumulation”
Globalization and the Great Divergence: terms of trade booms, volatility and the poor periphery, 1782–1913 (2008, result): “While the previous literature may have exaggerated the impact of a transport revolution on ocean trade routes (Jacks 2006; Jacks and Pendakur 2007), it certainly did not overestimate the impact of the railroads on land routes (Keller and Shiue 2007).”
Global Trade and the Maritime Transport Revolution (2010, unknown): “Again, Jacks (2006) documents a decline in the price gap for wheat separating London and New York City from 1830 to 1913 of 88%.”