The Gold Rush Origins of California’s Wheat Economy

• Main Author: Gerber, James
• Format: Article in Journal/Newspaper
• Language: English
• Published: 2010
• Subjects: Mining; gold rush; price convergence; economic integration; grain trade; de-industrialization; disequilibrium; Historia; historia económica; Minería; época de oro; convergencia de precios; integración económica; comercio de cereales; desindustrialización; desequilibrio; Mercado; North Atlantic
• Online Access: https://dialnet.unirioja.es/servlet/oaiart?codigo=4833226

This paper explores the near-simultaneous development of the gold rush and grain production in California during the early 1850s. Economic models predict that the production of tradable goods such as wheat are unlikely during a mineral boom due to the availability of imports and the high cost of lab...