Market Power on the Colonial Frontier? Evidence From Sao Paulo 1800-1840

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Show simple item record FEDERICO, Giovanni PAIXAO, Ricardo 2011-04-19T12:47:33Z 2011-04-19T12:47:33Z 2009
dc.identifier.citation Revista de Historia Economica, 2009, 27, 1, 17-36
dc.identifier.issn 0212-6109
dc.description.abstract Economists often assume that agricultural markets in history were competitive, and all producers received the same price. in contrast, most agricultural historians deem prices to differ among agents, according to their social status and << power >>. This paper tests these opposite views with a database of some 12,500 transactions for the Sao Paulo area in Brazil in the first decades of the 19(th) century. Prices received by farmers were positively related to total sales, a proxy for the size of the estate, and also to the share on the relevant market, which measures the market power. These results are consistent with the anecdotal evidence about the growing importance of large slave estates which, however, did not wipe out small household farms.
dc.language.iso en
dc.publisher Univ Carlos Iii Madrid
dc.subject market power
dc.subject agricultural prices
dc.subject early 19(th) century
dc.subject Brazil
dc.title Market Power on the Colonial Frontier? Evidence From Sao Paulo 1800-1840
dc.type Article
dc.identifier.volume 27
dc.identifier.startpage 17
dc.identifier.endpage 36
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dc.identifier.issue 1

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