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Rome and the economic integration of empire

Author: Gilles Bransbourg; New York University. Institute for the Study of the Ancient World.
Publisher: New York : Institute for the Study of the Ancient World, 2012.
Series: ISAW papers, no. 3
Edition/Format:   eBook : Document : English
Summary:
The modern economist Peter Temin has recently used econometrics to argue that the Roman grain market was an integrated and efficient market. This paper gathers additional data and applies further methods of modern economic analysis to reach a different conclusion. It shows that the overall Roman economy was not fully integrated, although the Mediterranean Sea did create some meaningful integration along a few  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Gilles Bransbourg; New York University. Institute for the Study of the Ancient World.
OCLC Number: 817965432
Notes: Title from journal home page (ISAW Papers, viewed Nov. 6, 2012).
Description: 1 online resource (1 volume) : map.
Series Title: ISAW papers, no. 3
Responsibility: Gilles Bransbourg.

Abstract:

The modern economist Peter Temin has recently used econometrics to argue that the Roman grain market was an integrated and efficient market. This paper gathers additional data and applies further methods of modern economic analysis to reach a different conclusion. It shows that the overall Roman economy was not fully integrated, although the Mediterranean Sea did create some meaningful integration along a few privileged trade routes. Still, it is not possible to identify pure market forces that existed in isolation, since the political structures that maintained the Empire strongly influenced the movement of money and trade goods.

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