Institution Building and Variation in the Formation of the A ustralian Wool Market
Bibliographic Data
| ID | 20437331 |
|---|---|
| Authors | David Merrett (0000-0003-0904-0474, The University of Melbourne), Ville (0000-0001-8314-6002, The University of Melbourne) |
| Year | 2013 |
| Volume | 53 |
| Issue | 2 |
| Pages | 146-166 |
| Publication date | 2013-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Australian Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0004-8992 • E-ISSN: 1467-8446 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/aehr.12008 |
| OpenAlex | W1514844593 |
| Language | EN |
| Citations received | 6 |
| References cited | 16 |
The relocation of the wool market from L ondon to the major A ustralian port cities from the late nineteenth century required the formation of an institution to govern the auction business, namely the wool brokers' association. Regional variations, among S ydney, M elbourne, and B risbane, occurred in the structure and effectiveness of the institution despite each regional association having been formed around the same time, for the same purpose, and with an overlap of participating firms. We draw on institution theory to guide our account and find that the impact of legacy factors and differences in market conditions explain the regional variations
Association (psychology) · Business · Economic geography · Economics · Institution · Political science · Port (circuit theory) · Relocation · Variation (astronomy) · Wool · Australian History and Society · Engineering · Historical Economic and Social Studies · Law · Psychology · Scottish History and National Identity
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| Unique citing works | 6 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2014 - 2022 (9) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |