Search results for "suuret nälkävuodet"
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Income inequality and famine mortality: Evidence from the Finnish famine of the 1860s
2021
This article examines whether economic inequality intensified the adverse effects of harvest, price, and income shocks during a famine. Using a parish-level longitudinal dataset from the Finnish famine of the 1860s, it shows that a substantial proportion of the excess mortality experienced during the famine resulted from a decline in agricultural production, a decline in incomes, and a surge in food prices. The findings indicate that the adverse effects of food output fluctuations were intensified by increasing income inequality and decreasing average income, while the market-transmitted shocks were weakened by a contraction of disposable income. The results are corroborated with multiple a…
A Bayesian spatio‐temporal analysis of markets during the Finnish 1860s famine
2022
We develop a Bayesian spatio-temporal model to study pre-industrial grain market integration during the Finnish famine of the 1860s. Our model takes into account several problematic features often present when analysing multiple spatially interdependent time series. For example, compared with the error correction methodology commonly applied in econometrics, our approach allows simultaneous modelling of multiple interdependent time series avoiding cumbersome statistical testing needed to predetermine the market leader as a point of reference. Furthermore, introducing a flexible spatio-temporal structure enables analysing detailed regional and temporal dynamics of the market mechanisms. Appl…