Barter Economies and Centralized Merchants

Preprint OPEN
Jose Noguera (2000)
  • Subject: Barter, City, Exchange system, Market center, Merchant, Redistribution system, Transaction cost
    • jel: jel:E41 | jel:E40 | jel:R10 | jel:N10

The main goal of this essay is to analyze the emergence of a barter economy, and the rise of centralized merchants and a barter redistribution system out of a primitive barter system. The environment is a spatial general equilibrium model where exchange is costly. Since... View more
  • References (10)

    Anas, A. (1992). “On the Birth and Growth of Cities: Laissez-faire and Planning Compared.” Regional Science and Urban Economics. 22, pg. 243-258. North Holland.

    Brundage, Burr C. (1985). “Lords of Cuzco: A History and Description of the Inca People in Their Final Days.” Second Edition. Oklahoma.

    Clower, R. W. (1995). “On the Origins of Monetary Exchange.” Economic Inquiry, Vol. 33 October, 525-36.

    Clower, R. W. and P. Howitt (2000). “The Emergence of Economic Organization.” Journal of Economic Behavior and Organization, 41(1), January, pages 55-84.

    Davies, G. (1995). “A History of Money. From Ancient Times to the Present Day.” University of Wales Press. Cardiff, UK.

    Ederer, R. J. (1964). “The Evolution of Money.” Public Affairs Press. (1964).

    Einzig, P. (1966). “Primitive Money. In its Ethnological, Historical and Economic Aspects.” Pergamon Press. Second Edition.

    Fujita, M., P. Krugman and A. J. Venables (1999). “The Spatial Economy. Cities, Regions and International Trade.” The MIT Press, Cambridge, Massachusetts.

    Hicks, J. E. (1969). “A Theory of Economic History.” Clarendon Press. Oxford.

    Hicks, J. E. (1989). “A Market Theory of Money.” Clarendon Press, Oxford.

  • Metrics
    No metrics available
Share - Bookmark