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The organisation of markets as a key factor in the rise of Holland from the fourteenth to the sixteenth century : A test case for an institutional approach

Van Bavel, Bas; Dijkman, Jessica; Kuijpers, Erika and Zuijderduijn, Jaco LU (2012) In Continuity and Change 27(3). p.347-378
Abstract

Although the importance of New Institutional Economics and the institutional approach for understanding pre-industrial economic development and the early growth of markets are widely accepted, it has proven to be difficult to assess more directly the effects of institutions on the functioning of markets. This paper uses empirical research on the rise of markets in late medieval Holland to illuminate some of the factors behind the development of the specific institutional framework of markets for land, labour, capital and goods, and some effects of these institutions on the actual functioning of the markets. The findings are corroborated by a tentative comparison with the functioning of markets in Flanders and eastern England.

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author
publishing date
type
Contribution to journal
publication status
published
subject
in
Continuity and Change
volume
27
issue
3
pages
32 pages
publisher
Cambridge University Press
external identifiers
  • scopus:84877275104
ISSN
0268-4160
DOI
10.1017/S0268416012000239
language
English
LU publication?
no
id
ce20a549-a149-4d71-97ff-d95320f65506
date added to LUP
2016-09-15 16:04:27
date last changed
2017-07-30 05:14:41
@article{ce20a549-a149-4d71-97ff-d95320f65506,
  abstract     = {<p>Although the importance of New Institutional Economics and the institutional approach for understanding pre-industrial economic development and the early growth of markets are widely accepted, it has proven to be difficult to assess more directly the effects of institutions on the functioning of markets. This paper uses empirical research on the rise of markets in late medieval Holland to illuminate some of the factors behind the development of the specific institutional framework of markets for land, labour, capital and goods, and some effects of these institutions on the actual functioning of the markets. The findings are corroborated by a tentative comparison with the functioning of markets in Flanders and eastern England.</p>},
  author       = {Van Bavel, Bas and Dijkman, Jessica and Kuijpers, Erika and Zuijderduijn, Jaco},
  issn         = {0268-4160},
  language     = {eng},
  number       = {3},
  pages        = {347--378},
  publisher    = {Cambridge University Press},
  series       = {Continuity and Change},
  title        = {The organisation of markets as a key factor in the rise of Holland from the fourteenth to the sixteenth century : A test case for an institutional approach},
  url          = {http://dx.doi.org/10.1017/S0268416012000239},
  volume       = {27},
  year         = {2012},
}