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Soldiers and booze: The rise and decline of a Roman market economy in north-western Europe

Author

Listed:
  • Eltjo Buringh
  • Jan Luiten van Zanden
  • Maarten Bosker

    (Universiteit Utrecht and Erasmus University Rotterdam)

Abstract
This study quantifies the importance of the Roman military for the development of a market economy in north-western Europe. Distributions of low denomination coins show how the Roman arrival kick-started a local market economy. Additionally settlement densities of fluvial catchments are used as a proxy for economic development. Our newly constructed dataset of settlement sizes shows a high correlation with Roman military requirements. After the demise of the empire the local market economy faded away. This antique market economy had a different geographical distribution than its medieval successor, which was not mainly driven by military demand.

Suggested Citation

  • Eltjo Buringh & Jan Luiten van Zanden & Maarten Bosker, 2012. "Soldiers and booze: The rise and decline of a Roman market economy in north-western Europe," Working Papers 0032, Utrecht University, Centre for Global Economic History.
    • Handle: RePEc:ucg:wpaper:0032
    as

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    File URL: http://www.cgeh.nl/sites/default/files/WorkingPapers/CGEH%20WP%20No32%20Buringh%20vanZanden%20Bosker.pdf
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    Citations

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    Cited by:

    1. L. De Benedictis & V. Licio & Am Pinna, 2018. "The long-term effects of the historical Roman road network: trade costs of Italian provinces," Working Paper CRENoS 201801, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    2. Wahl, Fabian, 2015. "The long shadow of history: Roman legacy and economic development - evidence from the German limes," Hohenheim Discussion Papers in Business, Economics and Social Sciences 08-2015, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
    3. Vania Licio, 2021. "When History Leaves a Mark: A New Measure of Roman Roads," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 7(1), pages 1-35, March.
    4. Fabian Wahl, 2017. "Does European development have Roman roots? Evidence from the German Limes," Journal of Economic Growth, Springer, vol. 22(3), pages 313-349, September.

    More about this item

    Keywords

    market economy; historical development; Roman Empire; north-western Europe; inland waterway transport; coin finds;
    All these keywords.

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