Networks in trade: evidence from the legacy of the Hanseatic league
We study trade networks following the decline of the Hanseatic League, using a novel trade data set that covers cities and captains 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, the Han...
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| Main Authors: | , , |
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| Format: | Article (Journal) |
| Language: | English |
| Published: |
2025
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| In: |
Journal of international economics
Year: 2025, Volume: 157, Pages: 1-19 |
| ISSN: | 0022-1996 |
| DOI: | 10.1016/j.jinteco.2025.104102 |
| Subjects: | |
| Online Access: | Verlag, kostenfrei: https://www.sciencedirect.com/science/article/pii/S0022199625000583/pdfft?md5=7a5f96b17230568c633e65573c312a04&pid=1-s2.0-S0022199625000583-main.pdf Verlag, kostenfrei, Volltext: https://doi.org/10.1016/j.jinteco.2025.104102 Verlag, kostenfrei, Volltext: https://www.sciencedirect.com/science/article/pii/S0022199625000583 |
| Author Notes: | Max Marczinek, Stephan Maurer, Ferdinand Rauch |
| Summary: | We study trade networks following the decline of the Hanseatic League, using a novel trade data set that covers cities and captains 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, the Hansa continue to shape the composition of trade: Trade between cities in the Hanseatic network continues to be facilitated by Hanseatic captains for centuries. Our paper highlights the long-run stability of commercial and social networks, which persist when other economic effects do not. |
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| Item Description: | Online verfügbar: 4. Juni 2025, Artikelversion: 10. Juni 2025 Gesehen am 08.12.2025 |
| Physical Description: | Online Resource |
| ISSN: | 0022-1996 |
| DOI: | 10.1016/j.jinteco.2025.104102 |