The_dynamics_of_international_trade_in_c

The_dynamics_of_international_trade_in_c - Sociedad Espaola...

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Sociedad Española de Historia Agraria - Documentos de Trabajo DT-SEHA n. 1504 Octubre de 2015 www.seha.info THE DYNAMICS OF INTERNATIONAL TRADE IN CEREALS, 1900-1938 1 Gema Aparicio * and Vicente Pinilla** * Independent Scholar (Fort Wayne, Indiana, U.S.A.) Contacto: [email protected] ** Universidad de Zaragoza and Instituto Agroalimentario de Aragón Contacto: [email protected] © Octubre de 2015, Gema Aparicio y Vicente Pinilla ISSN: 2386-7825 1 This study has received financial support from the Government of Spain, through its Ministry of Economy and Competitiveness, project ECO 2012-33286. It has also received backing from the European Social Fund and the Government of Aragon, through the Research Group ‘Agrifood Economic History’ (19th and 20th Centuries).We are grateful for the comments received on its presentation to the 10th European Social Science History Conference. The usual disclaimers apply.
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Resumen El objetivo de este trabajo es analizar la dinámica del comercio internacional de cereales en el primer tercio del siglo XX. Para ello se estudiará su evolución a lo largo de ese periodo, comparándola también con la del comercio del conjunto de productos agrarios y alimentos. Además, se examinará la composición por productos de este comercio. Para el trigo, maíz y arroz se estudiará el funcionamiento de sus mercados, con especial atención a los flujos de importación y exportación entre consumidores y productores. Para comprender mejor el funcionamiento del mercado de estos productos, se examinará la evolución de su oferta, demanda y precios. Palabras clave : Comercio internacional agroalimentario, Comercio de cereales, Gran Depresión. Abstract: The aim of this paper is to analyse the dynamics of international trade in cereals in the first third of the twentieth century. To this end we will study its evolution over this period, comparing it also with the general trade of food and agricultural products. In addition, we will examine the structure of this trade. For wheat, maize and rice we will examine the operation of their respective markets, with special attention to the import and export flows between consumers and producers. To better understand the functioning of the market for these products, we will examine the changes in supply, demand and prices. Key words : International agrifood trade, Grain trade, Great Depression JEL Codes : F14, N50, N70, N76, Q17
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1 1. Introduction International trade expanded in the long XIX century (that is, up to and including the First World War). The reasons for this growth are clear, although there exists an interesting debate on the importance of each of them: incomes rose, the cost of maritime and overland transport fell and a general trend towards free trade took place (Findlay and O’Rourke, 2007; Jacks, 2006). Moreover, a highly stable international monetary system, based on the gold standard and which gradually included more and more countries, also favoured the integration of the international goods markets (Estevadeordal et al., 2003).
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