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Pereira, A. (1991). Boom and bust hypothesis in the colonial Chesapeake economy. Empirical evidence for the period 1676-1713. Economics Letters. 37 (3), 235-242
A. M. Pereira, "Boom and bust hypothesis in the colonial Chesapeake economy. Empirical evidence for the period 1676-1713", in Economics Letters, vol. 37, no. 3, pp. 235-242, 1991
@article{pereira1991_1714835946713, author = "Pereira, A.", title = "Boom and bust hypothesis in the colonial Chesapeake economy. Empirical evidence for the period 1676-1713", journal = "Economics Letters", year = "1991", volume = "37", number = "3", doi = "10.1016/0165-1765(91)90217-9", pages = "235-242", url = "http://www.scopus.com/inward/record.url?eid=2-s2.0-44949272239&partnerID=MN8TOARS" }
TY - JOUR TI - Boom and bust hypothesis in the colonial Chesapeake economy. Empirical evidence for the period 1676-1713 T2 - Economics Letters VL - 37 IS - 3 AU - Pereira, A. PY - 1991 SP - 235-242 SN - 0165-1765 DO - 10.1016/0165-1765(91)90217-9 UR - http://www.scopus.com/inward/record.url?eid=2-s2.0-44949272239&partnerID=MN8TOARS AB - This paper provides empirical evidence on fluctuations in the price of Chesapeake tobacco and on the economic variables that help predict tobacco prices. In addition, the paper provides evidence on the high responsiveness to price of tobacco production relative to tobacco demand. Both findings provide strong empirical support for the central role of tobacco prices in economic fluctuations and growth in the Chesapeake economy as suggested by the boom and bust hypothesis. © 1991. ER -