Shaping Medieval Markets
Free

Shaping Medieval Markets

By Jessica Dijkman
Free
Book Description

The late Middle Ages witnessed the transformation of the county of Holland from a peripheral agrarian region to a highly commercialised and urbanised one. This book examines how the organisation of commodity markets contributed to this remarkable development. Comparing Holland to England and Flanders, the book shows that Holland’s specific history of reclamation and settlement had given rise to a favourable balance of powers between state, nobility, towns and rural communities that reduced opportunities for rent-seeking and favoured the rise of efficient markets. This allowed burghers, peasants and fishermen to take full advantage of new opportunities presented by changing economic and ecological circumstances in the late fourteenth and early fifteenth centuries.

Table of Contents
  • 9789004201484_webready_cover_front
  • 9789004201484_webready_content_text.pdf
    • Shaping Medieval Markets
    • Copyright
    • Contents
    • List of Tables
    • List of Illustrations
    • List of Abbreviations
    • Preface
    • 1. Introduction
      • 1.1 Holland: a commercialising economy
      • 1.2 An institutional approach
      • 1.3 Research questions
    • PART I: THE INSTITUTIONAL FRAMEWORK: TRADE VENUES
      • 2. Fairs
        • 2.1 Introduction
        • 2.2 Fairs and transaction costs
        • 2.3 Fairs in Holland: a chronological reconstruction
        • 2.4 Economic function
        • 2.5 Power and politics
        • 2.6 Conclusions
      • 3. Rural markets c. 1200–c. 1350: a late start?
        • 3.1 Introduction
        • 3.2 Urban intrusion or urban attraction
        • 3.3 Lords and their involvement with rural markets
        • 3.4 Conclusions
      • 4. New institutions for rural trade (c. 1350–c. 1450)
        • 4.1 Introduction
        • 4.2 Seaside fish markets and the sea-fish trade
        • 4.3 Rural weigh houses and the dairy trade
        • 4.4 Conclusions
      • 5. The Dordrecht staple
        • 5.1 Introduction
        • 5.2 The Dordrecht staple in an international perspective
        • 5.3 Dordrecht and its neighbours
        • 5.4 Conclusions
    • PART II: THE INSTITUTIONAL FRAMEWORK: RULES AND PRACTICES
      • 6. Weighing and measuring
        • 6.1 Introduction
        • 6.2 Control over weights and measures
        • 6.3 Standards and standardisation
        • 6.4 Enforcement
        • 6.5 Conclusions
      • 7. Contract enforcement
        • 7.1 Introduction
        • 7.2 Merchant guilds
        • 7.3 From divine judgement to schepenkenning
        • 7.4 Sureties
        • 7.5 Public registration of debts
        • 7.6 Conclusions
    • PART III: MARKET PERFORMANCE: QUANTITATIVE TESTS
      • 8. Market integration
        • 8.1 Introduction
        • 8.2 The impact of institutional and non-institutional factors
        • 8.3 Methods and data
        • 8.4 Price volatility
        • 8.5 Price integration
        • 8.6 Conclusions
      • 9. Market orientation
        • 9.1 Introduction
        • 9.2 Holland
        • 9.3 Flanders
        • 9.4 England
        • 9.5 Conclusions
      • 10. Conclusions
        • 10.1 Endogenous factors
        • 10.2 Exogenous factors
        • 10.3 Commodity markets and factor markets
    • Appendix A Survey of fairs
    • Appendix B Rural weigh houses in the north of Holland around 1400
    • Appendix C Charters of urban liberties
    • Appendix D Wheat prices
    • References
    • Index
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