Harbingers of dissolution?
Wolf, Nikolaus ;  Schule, Max-Stephan ;  Universität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft

Main titleHarbingers of dissolution?
Subtitlegrain prices, borders and nationalism in the Habsburg economy before the First World War
AuthorWolf, Nikolaus
AuthorSchule, Max-Stephan
InstitutionUniversität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft
No. of Pages23 S.
Series Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft ; 2005/20 : Volkswirtschaftliche Reihe
Keywordsborder effects, grain prices, Habsburg empire, market integration, nationalism, Pre-1914 Europe
Classification (DDC)330 Economics
Also published in
AbstractThis paper explores the pre-First World War Austro-Hungarian economy as a prominent
case where growing conflict between various ethnic and national groups within an
empire might have contributed to the emergence of internal borders and even its
eventual dissolution. To this end we adopt an Engel-and-Rogers–type approach to
examine on an annual basis the extent of co-movements in grain prices across a sample
of ten regional capital cities in the empire and over the period 1877-1910. There are two
key findings. First, the political borders that emerged from 1918 onwards became
visible in the price dynamics of grain markets already 20 years before the Great War.
Second, this effect of a “border before a border” can be explained by the extent of
language heterogeneity across the various parts of the Habsburg Empire. These results
raise several important questions about both the forces that shaped pre-war market
integration as well as the economic costs of breaking up the Habsburg customs union
after 1918.
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FU DepartmentDepartment Business and Economics
Year of publication2005
Type of documentBook
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Created at2008-06-23 : 08:53:14
Last changed2015-01-22 : 04:40:16
Static URLhttp://edocs.fu-berlin.de/docs/receive/FUDOCS_document_000000000396