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

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dc.contributor.authorFEDERICO, Giovanni
dc.contributor.authorPAIXAO, Ricardo
dc.date.accessioned2011-04-19T12:47:33Z
dc.date.available2011-04-19T12:47:33Z
dc.date.issued2009
dc.description.abstractEconomists 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.identifier.citationRevista de Historia Economica, 2009, 27, 1, 17-36
dc.identifier.endpage36
dc.identifier.issn0212-6109
dc.identifier.issue1
dc.identifier.startpage17
dc.identifier.urihttps://hdl.handle.net/1814/16462
dc.identifier.volume27
dc.language.isoen
dc.publisherUniversidad Carlos III de Madrid
dc.subjectMarket power
dc.subjectAgricultural prices
dc.subjectEarly 19(th) century
dc.subjectBrazil
dc.titleMarket Power on the Colonial Frontier? Evidence From Sao Paulo 1800-1840
dc.typeArticle
dspace.entity.typePublication
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