Friday, 15 March 2019

Trade and growth in the Iron Age

an article published in CentrePiece Volume 24 Issue 1 (Spring 2019) Paper No CEPCP547

Economists often point out the benefits of trade, yet empirical evidence for these benefits has been hard to come by and tends to be recent.

Jan David Bakker, Stephan Maurer, JörnSteffen Pischke and Ferdinand Rauch go back to the millennium before the common era to investigate the growth effects of one of the first major trade expansions in human history: the systematic crossing of the open sea in the Mediterranean by the Phoenicians.

Full text (PDF 4pp) lots of “further reading” and a couple of interesting (to me) maps of the Mediterranean.


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