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The Impact of Globalization in the Roman Empire, 200 bc—ad 100

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  • Geraghty, Ryan M.

Abstract

The article employs a general equilibrium model to describe Italy's response to commodity and factor market integration during the expansion of the Roman Empire. This novel approach constructs a comprehensive story of the Italian economy that corroborates established developments and sheds light on controversial and unanswered questions. The success of the model supports arguments that Romans were rational economic actors and that the Roman economy was a well-integrated market system.

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  • Geraghty, Ryan M., 2007. "The Impact of Globalization in the Roman Empire, 200 bc—ad 100," The Journal of Economic History, Cambridge University Press, vol. 67(4), pages 1036-1061, December.
    • Handle: RePEc:cup:jechis:v:67:y:2007:i:04:p:1036-1061_00
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    Cited by:

    1. Gary M. Pecquet, 2017. "The Original Road to Serfdom: From Rome to Feudal Europe," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 32(Spring 20), pages 45-62.
    2. Hitchner R. Bruce, 2008. "Globalization Avant la Lettre: Globalization and the History of the Roman Empire," New Global Studies, De Gruyter, vol. 2(2), pages 1-14, June.
    3. Maristella Botticini & Pietro Buri & Massimo Marinacci, 2023. "Presidential Address 2023: The Beauty of Uncertainty: The Rise of Insurance Contracts and Markets in Medieval Europe," Journal of the European Economic Association, European Economic Association, vol. 21(6), pages 2287-2326.

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