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Wahl, Fabian

Does medieval trade still mater? Historical trade centers, agglomeration and contemporary economic development

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URN: urn:nbn:de:bsz:100-opus-8954
URL: http://opus.uni-hohenheim.de/volltexte/2013/895/


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Abrufstatistik:
SWD-Schlagw÷rter: Wirtschaftsentwicklung , Handel , Wirtschaft , Geschichte
Freie Schlagw÷rter (Englisch): Medieval Trade , Agglomeration , Regional Economic Development , Path-Dependency , New Economic Geography
Institut 1: Institut für Volkswirtschaftslehre
Institut 2: Forschungszentrum Innovation und Dienstleistung
DDC-Sachgruppe: Wirtschaft
Dokumentart: ResearchPaper
Schriftenreihe: FZID discussion papers
Bandnummer: 82
Sprache: Englisch
Erstellungsjahr: 2013
Publikationsdatum: 18.11.2013
 
Lizenz: Hohenheimer Lizenzvertrag Veröffentlichungsvertrag mit der Universitätsbibliothek Hohenheim ohne Print-on-Demand
 
Kurzfassung auf Englisch: This study empirically establishes a link between medieval trade, agglomeration and contemporary regional development in ten European countries. It documents a statistically and economically significant positive relationship between prominent involvement in medieval trade and commercial activities and regional economic development today. Further empirical analyses show that medieval trade positively influenced city development both during the medieval period and in the long run; they also reveal a robust connection between medieval city growth and contemporary regional agglomeration and industry concentration. A mediation analysis indicates that a long-lasting effect of medieval trade on contemporary regional development is indeed transmitted via its effect on agglomeration and industry concentration. This research thus highlights the long-run importance of medieval trade in shaping the development of cities as well as the contemporary spatial distribution of economic activity throughout Europe. The path-dependent regional development processes caused by medieval commercial activities help explain the observed persistent regional development differences across the European countries considered.

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