Journal article
Networks in trade - evidence from the legacy of the Hanseatic League
- Abstract:
- We study trade networks following the decline of the Hanseatic League, using a novel trade data set that covers cities and traders in Northern Europe over 190 years. By the time of its dissolution in 1669, trade on former Hansa routes is within predictions from a gravity framework. However, traders continue to shape the composition of trade: Hanseats’ trade within the former network displays significant persistence for centuries. We thus identify trading capital at the level of individual traders. Our paper highlights the long-run stability of commercial and social networks, which persist when other economic effects do not.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
Actions
Access Document
- Files:
-
-
(Preview, Version of record, pdf, 3.1MB, Terms of use)
-
- Publisher copy:
- 10.1016/j.jinteco.2025.104102
Authors
- Publisher:
- Elsevier
- Journal:
- Journal of International Economics More from this journal
- Volume:
- 157
- Article number:
- 104102
- Publication date:
- 2025-06-04
- Acceptance date:
- 2025-05-01
- DOI:
- EISSN:
-
1873-0353
- ISSN:
-
0022-1996
- Language:
-
English
- Keywords:
- Pubs id:
-
2123715
- Local pid:
-
pubs:2123715
- Deposit date:
-
2025-05-14
- ARK identifier:
Terms of use
- Copyright holder:
- Marczinek et al
- Copyright date:
- 2025
- Rights statement:
- © 2025 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
- Licence:
- CC Attribution (CC BY)
If you are the owner of this record, you can report an update to it here: Report update to this record