6533b7d1fe1ef96bd125c43f
RESEARCH PRODUCT
The grain market, short-term credit, and economic inequality in the Kingdom of Valencia. The towns of Cocentaina, and Castellón in the Fifteenth-Century
Pau Vicianosubject
0301 basic medicineHistorycorona de aragónmedia_common.quotation_subject030106 microbiologycampesinosSocial SciencesContext (language use)Valenciancampesinos; mercado cerealista; Corona de Aragón; Baja Edad Media; crédito rural; pequeñas ciudades03 medical and health sciencesHpeasants; grain market; Crown of Aragon; Late Middle Ages; rural credit; small market townsEconomic inequalityEconomicsBourgeoisiebaja edad mediapequeñas ciudadesmedia_commonWelfare economicsEconomic rentcrédito rurallanguage.human_languagePeasantMarket liquiditymercado cerealistalanguageBond marketdescription
Despite the predominance of small peasant farms in the Valencian countryside in the Late Middle Ages, large sections of the peasantry were forced to turn to the market to obtain cereals for consumption and sowing. Insufficient land and lack of liquidity caused by the seasonal cycle of crops made it necessary to use short-term credit, which was recorded in the court of local justice in the legal form of “obligacions”. The aim of this paper is to analyse the economic role of this credit market, identifying varieties of commercialised cereals, seasonality of purchases and payments, price trends and the socio-professional background of buyers (debtors) and sellers (creditors). Thus, we study how this cereal market, in a context of economic inequality, allowed the survival of the most precarious peasant farms and, at the same time, transferred rents to the bourgeoisie and rich peasants who possessed surpluses of grain.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2018-04-30 | Hispania |