New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires

Autores
Cuesta, Eduardo Martín
Año de publicación
2008
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Almost twenty years ago, historian John Coatsworth called for the collection and publication of a reliable and dependable series of prices and salaries in Latin America in order to compile a critical set of data that would enable the comparison of the economic histories of different regions.1 Since then, little has been written about prices and salaries in Latin America, in particular concerning the colonial period. For the first time, accurate price data for the city of Buenos Aires during the eighteenth century are now available. The evolution of prices in Buenos Aires is analyzed by comparing the price of local and imported products. The general price index for the eighteenth century included herein demonstrate price trends over the long term, revealing that one of the peculiarities of Buenos Aires' economy was the fact that the rise in production grew parallel to the rise in population. Consequently, prices remained steady throughout the century. The new price data that has emerged places the current historiographical debates started in the 1980s in opposition to the classical historiography. Classical historians have stated that the policies applied in the last quarter of the eighteenth century marked a turning point in the region's economy.2 In this perspective, the creation of the Viceroyalty of the Río de la Plata (1776), which turned the city into the viceregal capital city, and the opening to Spanish imperial trade (1778) proved crucial. According to classical historians, both policies "released" the economic forces which had been restrained until then and thus fostered the region's growth. The data analyzed herein suggests a new interpretation of economic development of Buenos Aires in the eighteenth century, thus providing further evidence that the region's economic growth in terms of population and production started in the first half of the eighteenth century.
Fil: Cuesta, Eduardo Martín. Consejo Nacional de Investigaciones Científicas y Técnicas. Oficina de Coordinación Administrativa Saavedra 15. Instituto Interdisciplinario de Economía Política de Buenos Aires. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires; Argentina
Materia
ECONOMIC HISTORY
PRICES
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/194394
Acceder
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spelling New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos AiresCuesta, Eduardo MartínECONOMIC HISTORYPRICEShttps://purl.org/becyt/ford/6.1https://purl.org/becyt/ford/6Almost twenty years ago, historian John Coatsworth called for the collection and publication of a reliable and dependable series of prices and salaries in Latin America in order to compile a critical set of data that would enable the comparison of the economic histories of different regions.1 Since then, little has been written about prices and salaries in Latin America, in particular concerning the colonial period. For the first time, accurate price data for the city of Buenos Aires during the eighteenth century are now available. The evolution of prices in Buenos Aires is analyzed by comparing the price of local and imported products. The general price index for the eighteenth century included herein demonstrate price trends over the long term, revealing that one of the peculiarities of Buenos Aires' economy was the fact that the rise in production grew parallel to the rise in population. Consequently, prices remained steady throughout the century. The new price data that has emerged places the current historiographical debates started in the 1980s in opposition to the classical historiography. Classical historians have stated that the policies applied in the last quarter of the eighteenth century marked a turning point in the region's economy.2 In this perspective, the creation of the Viceroyalty of the Río de la Plata (1776), which turned the city into the viceregal capital city, and the opening to Spanish imperial trade (1778) proved crucial. According to classical historians, both policies "released" the economic forces which had been restrained until then and thus fostered the region's growth. The data analyzed herein suggests a new interpretation of economic development of Buenos Aires in the eighteenth century, thus providing further evidence that the region's economic growth in terms of population and production started in the first half of the eighteenth century.Fil: Cuesta, Eduardo Martín. Consejo Nacional de Investigaciones Científicas y Técnicas. Oficina de Coordinación Administrativa Saavedra 15. Instituto Interdisciplinario de Economía Política de Buenos Aires. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires; ArgentinaUniversity of New Mexico2008-06info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/194394Cuesta, Eduardo Martín; New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires; University of New Mexico; Colonial Latin America Historical Review; 17; 2; 6-2008; 143-1621063-57691063-5769CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://dialnet.unirioja.es/servlet/articulo?codigo=3966642info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2026-08-25T15:41:31Zoai:ri.conicet.gov.ar:11336/194394instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982026-08-25 15:41:31.714CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires
title New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires
spellingShingle New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires
Cuesta, Eduardo Martín
ECONOMIC HISTORY
PRICES
title_short New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires
title_full New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires
title_fullStr New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires
title_full_unstemmed New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires
title_sort New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires
dc.creator.none.fl_str_mv Cuesta, Eduardo Martín
author Cuesta, Eduardo Martín
author_facet Cuesta, Eduardo Martín
author_role author
dc.subject.none.fl_str_mv ECONOMIC HISTORY
PRICES
topic ECONOMIC HISTORY
PRICES
purl_subject.fl_str_mv https://purl.org/becyt/ford/6.1
https://purl.org/becyt/ford/6
dc.description.none.fl_txt_mv Almost twenty years ago, historian John Coatsworth called for the collection and publication of a reliable and dependable series of prices and salaries in Latin America in order to compile a critical set of data that would enable the comparison of the economic histories of different regions.1 Since then, little has been written about prices and salaries in Latin America, in particular concerning the colonial period. For the first time, accurate price data for the city of Buenos Aires during the eighteenth century are now available. The evolution of prices in Buenos Aires is analyzed by comparing the price of local and imported products. The general price index for the eighteenth century included herein demonstrate price trends over the long term, revealing that one of the peculiarities of Buenos Aires' economy was the fact that the rise in production grew parallel to the rise in population. Consequently, prices remained steady throughout the century. The new price data that has emerged places the current historiographical debates started in the 1980s in opposition to the classical historiography. Classical historians have stated that the policies applied in the last quarter of the eighteenth century marked a turning point in the region's economy.2 In this perspective, the creation of the Viceroyalty of the Río de la Plata (1776), which turned the city into the viceregal capital city, and the opening to Spanish imperial trade (1778) proved crucial. According to classical historians, both policies "released" the economic forces which had been restrained until then and thus fostered the region's growth. The data analyzed herein suggests a new interpretation of economic development of Buenos Aires in the eighteenth century, thus providing further evidence that the region's economic growth in terms of population and production started in the first half of the eighteenth century.
Fil: Cuesta, Eduardo Martín. Consejo Nacional de Investigaciones Científicas y Técnicas. Oficina de Coordinación Administrativa Saavedra 15. Instituto Interdisciplinario de Economía Política de Buenos Aires. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires; Argentina
description Almost twenty years ago, historian John Coatsworth called for the collection and publication of a reliable and dependable series of prices and salaries in Latin America in order to compile a critical set of data that would enable the comparison of the economic histories of different regions.1 Since then, little has been written about prices and salaries in Latin America, in particular concerning the colonial period. For the first time, accurate price data for the city of Buenos Aires during the eighteenth century are now available. The evolution of prices in Buenos Aires is analyzed by comparing the price of local and imported products. The general price index for the eighteenth century included herein demonstrate price trends over the long term, revealing that one of the peculiarities of Buenos Aires' economy was the fact that the rise in production grew parallel to the rise in population. Consequently, prices remained steady throughout the century. The new price data that has emerged places the current historiographical debates started in the 1980s in opposition to the classical historiography. Classical historians have stated that the policies applied in the last quarter of the eighteenth century marked a turning point in the region's economy.2 In this perspective, the creation of the Viceroyalty of the Río de la Plata (1776), which turned the city into the viceregal capital city, and the opening to Spanish imperial trade (1778) proved crucial. According to classical historians, both policies "released" the economic forces which had been restrained until then and thus fostered the region's growth. The data analyzed herein suggests a new interpretation of economic development of Buenos Aires in the eighteenth century, thus providing further evidence that the region's economic growth in terms of population and production started in the first half of the eighteenth century.
publishDate 2008
dc.date.none.fl_str_mv 2008-06
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/194394
Cuesta, Eduardo Martín; New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires; University of New Mexico; Colonial Latin America Historical Review; 17; 2; 6-2008; 143-162
1063-5769
1063-5769
CONICET Digital
CONICET
url http://hdl.handle.net/11336/194394
identifier_str_mv Cuesta, Eduardo Martín; New Data on an Old Issue: The Evolution of Prices in Eighteenth-Century Buenos Aires; University of New Mexico; Colonial Latin America Historical Review; 17; 2; 6-2008; 143-162
1063-5769
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://dialnet.unirioja.es/servlet/articulo?codigo=3966642
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eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv University of New Mexico
publisher.none.fl_str_mv University of New Mexico
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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