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Market dynamism and international trade: a case study of Mediterranean agricultural products, 1850-1935

[journal article]

Pinilla, Vicente; Ayuda, Maria-Isabel

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Abstract This paper concentrates on analysing the rightward shifts of the demand curve for Mediterranean agricultural products from 1850 to 1938. We have found that such shifts were especially conditioned by the different income elasticities of demand and by changes, or otherwise, in consumer preferences. Our aim is to show that there was an initial conditioning factor for the producer countries to take full advantage of these potential growth opportunities, namely the size of such shifts.
Document language English
Publication Year 2008
Page/Pages p. 583-595
Journal Applied Economics, 40 (2008) 5
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)