Networks in trade — Evidence from the legacy of the Hanseatic league

IF 3.8 1区 经济学 Q1 ECONOMICS
Max Marczinek , Stephan Maurer , Ferdinand Rauch
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引用次数: 0

Abstract

We study trade networks following the decline of the Hanseatic League, using a novel trade data set that covers cities and captains in Northern Europe over 190 years. By the time of its dissolution in 1669, trade on former Hansa routes is within predictions from a gravity framework. However, the Hansa continue to shape the composition of trade: Trade between cities in the Hanseatic network continues to be facilitated by Hanseatic captains for centuries. Our paper highlights the long-run stability of commercial and social networks, which persist when other economic effects do not.
贸易网络——来自汉萨同盟遗产的证据
我们研究了汉萨同盟衰落后的贸易网络,使用了一套新颖的贸易数据集,涵盖了北欧190多年来的城市和船长。到1669年汉莎帝国解体时,前汉莎航线上的贸易已经在重力框架的预测范围内。然而,汉萨人继续塑造着贸易的构成:几个世纪以来,汉萨同盟网络中城市之间的贸易一直由汉萨同盟船长促进。我们的论文强调了商业和社会网络的长期稳定性,当其他经济效应不存在时,它们会持续存在。
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来源期刊
CiteScore
5.80
自引率
6.10%
发文量
98
期刊介绍: The Journal of International Economics is intended to serve as the primary outlet for theoretical and empirical research in all areas of international economics. These include, but are not limited to the following: trade patterns, commercial policy; international institutions; exchange rates; open economy macroeconomics; international finance; international factor mobility. The Journal especially encourages the submission of articles which are empirical in nature, or deal with issues of open economy macroeconomics and international finance. Theoretical work submitted to the Journal should be original in its motivation or modelling structure. Empirical analysis should be based on a theoretical framework, and should be capable of replication.
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