TY - JOUR
T1 - Globalization in the early modern era
T2 - New evidence from the Dutch-Asiatic Trade, c. 1600-1800
AU - de Zwart, Pim
PY - 2016/5/18
Y1 - 2016/5/18
N2 - This article contributes to the ongoing debate on the origins of globalization. It examines the process of commodity price convergence, an indicator of globalization, between Europe and Asia on the basis of newly obtained price data from the Dutch East India Company (VOC) archives. Prices for many commodities in the Dutch-Asiatic trade converged already in the seventeenth and eighteenth centuries as a result of the growth of trade and competition among traders and companies. The extent of convergence, however, was determined, in part, by the ability of the VOC to control commodity markets.
AB - This article contributes to the ongoing debate on the origins of globalization. It examines the process of commodity price convergence, an indicator of globalization, between Europe and Asia on the basis of newly obtained price data from the Dutch East India Company (VOC) archives. Prices for many commodities in the Dutch-Asiatic trade converged already in the seventeenth and eighteenth centuries as a result of the growth of trade and competition among traders and companies. The extent of convergence, however, was determined, in part, by the ability of the VOC to control commodity markets.
U2 - 10.1017/S0022050716000553
DO - 10.1017/S0022050716000553
M3 - Article
AN - SCOPUS:84979517884
SN - 0022-0507
VL - 76
SP - 520
EP - 558
JO - Journal of Economic History
JF - Journal of Economic History
IS - 2
ER -