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Shaping Medieval Markets: the Organisation of Commodity Markets in Holland, C A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Dijkman, Jessica Book — Published Version Shaping Medieval Markets: The Organisation of Commodity Markets in Holland, c. 1200–c. 1450 Global Economic History Series, No. 8 Provided in Cooperation with: Brill, Leiden Suggested Citation: Dijkman, Jessica (2011) : Shaping Medieval Markets: The Organisation of Commodity Markets in Holland, c. 1200–c. 1450, Global Economic History Series, No. 8, ISBN 978-90-04-20149-1, Brill, Leiden, http://dx.doi.org/10.1163/ej.9789004201484.i-447 This Version is available at: http://hdl.handle.net/10419/181389 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. https://creativecommons.org/licenses/by-nc/4.0/ www.econstor.eu Shaping Medieval Markets Global Economic History Series Series Editors Maarten Prak, Utrecht University Jan Luiten van Zanden, Utrecht University Editorial Board Gareth Austin, Graduate Institute of International and Development Studies, Geneva Şevket Pamuk, London School of Economics and Political Science Kenneth L. Pomeranz, University of California, Irvine Tirthankar Roy, London School of Economics and Political Science Peer H.H. Vries, University of Vienna VOLUME 8 The titles published in this series are listed at brill.nl/gehs. Shaping Medieval Markets The Organisation of Commodity Markets in Holland, c. 1200–c. 1450 By Jessica Dijkman LEIDEN • BOSTON LEIDEN • BOSTON 2011 Cover illustration: Scene from a fair in Le Chevallier Errant by Thomas III de Saluce (France, 1403–1404). BnF, MSS Français 12559, f 167. This book is printed on acid-free paper. Library of Congress Cataloging-in-Publication Data Dijkman, Jessica. Shaping medieval markets : the organisation of commodity markets in Holland, c. 1200-c. 1450 / by Jessica Dijkman. p. cm. -- (Global economic history series, 1872-5155 ; v. 8) Includes bibliographical references and index. ISBN 978-90-04-20148-4 (hbk. : alk. paper) 1. Netherlands--Commerce--History--To 1500. 2. Commodity exchanges--Netherlands--History--To 1500. 3. Markets--Netherlands-- History--To 1500. I. Title. II. Series. HF3615.D55 2011 332.64'4094920902--dc23 2011022975 ISSN 1872-5155 ISBN 978 90 04 20148 4 Copyright 2011 by Koninklijke Brill NV, Leiden, The Netherlands. Koninklijke Brill NV incorporates the imprints Brill, Global Oriental, Hotei Publishing, IDC Publishers, Martinus Nijhoff Publishers and VSP. All rights reserved. No part of this publication may be reproduced, translated, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission from the publisher. Authorization to photocopy items for internal or personal use is granted by Koninklijke Brill NV provided that the appropriate fees are paid directly to The Copyright Clearance Center, 222 Rosewood Drive, Suite 910, Danvers, MA 01923, USA. Fees are subject to change. CONTENTS List of Tables .......................................................................................... ix List of Illustrations ............................................................................... xi List of Abbreviations ............................................................................ xiii Preface .................................................................................................... xv 1. Introduction................................................................................... 1 1.1 Holland: a commercialising economy .............................. 3 1.2 An institutional approach .................................................. 16 1.3 Research questions .............................................................. 22 PART I THE INSTITUTIONAL FRAMEWORK: TRADE VENUES 2. Fairs ................................................................................................. 35 2.1 Introduction ......................................................................... 35 2.2 Fairs and transaction costs ................................................. 36 2.3 Fairs in Holland: a chronological reconstruction ........... 42 2.4 Economic function .............................................................. 51 2.5 Power and politics ............................................................... 62 2.6 Conclusions .......................................................................... 72 3. Rural markets c. 1200–c. 1350: a late start? ............................... 74 3.1 Introduction ......................................................................... 74 3.2 Urban intrusion or urban attraction ................................. 77 3.3 Lords and their involvement with rural markets ............ 96 3.4 Conclusions .......................................................................... 106 4. New institutions for rural trade (c. 1350–c. 1450) ................... 108 4.1 Introduction ......................................................................... 108 4.2 Seaside fish markets and the sea-fish trade ...................... 110 4.3 Rural weigh houses and the dairy trade ........................... 131 4.4 Conclusions .......................................................................... 157 5. The Dordrecht staple .................................................................... 159 5.1 Introduction ......................................................................... 159 5.2 The Dordrecht staple in an international perspective .... 161 vi contents 5.3 Dordrecht and its neighbours ............................................ 179 5.4 Conclusions .......................................................................... 197 PART II THE INSTITUTIONAL FRAMEWORK: RULES AND PRACTICES 6. Weighing and measuring ............................................................. 201 6.1 Introduction ......................................................................... 201 6.2 Control over weights and measures .................................. 203 6.3 Standards and standardisation .......................................... 213 6.4 Enforcement ......................................................................... 223 6.5 Conclusions .......................................................................... 233 7. Contract enforcement .................................................................. 236 7.1 Introduction ......................................................................... 236 7.2 Merchant guilds ................................................................... 239 7.3 From divine judgement to schepenkenning ...................... 249 7.4 Sureties .................................................................................. 255 7.5 Public registration of debts ................................................ 259 7.6 Conclusions .......................................................................... 270 PART III MARKET PERFORMANCE: QUANTITATIVE TESTS 8. Market integration ........................................................................ 275 8.1 Introduction ......................................................................... 275 8.2 The impact of institutional and non-institutional factors .................................................................................... 279 8.3 Methods and data ................................................................ 286 8.4 Price volatility ...................................................................... 293 8.5 Price integration .................................................................. 301 8.6 Conclusions .......................................................................... 311 9. Market orientation ........................................................................ 313 9.1 Introduction ......................................................................... 313 9.2 Holland ................................................................................. 317 9.3 Flanders ................................................................................ 325 contents vii 9.4 England............................................................................. 332 9.5 Conclusions ..................................................................... 340 10. Conclusions ................................................................................. 343 10.1 Endogenous factors ......................................................... 343 10.2 Exogenous factors ..........................................................
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