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The Relocation of the International Market for Australian Wool

Bibliographic Data

ID20436854
AuthorsVille (0000-0001-8314-6002, University of Wollongong, corresponding author), Simon Ville
Year2005
Volume45
Issue1
Pages73-95
Publication date2005-03-01
Open AccessYes
TypeARTICLE
VenueAustralian Economic History Review (JOURNAL)
Journal identifiersISSN: 0004-8992 • E-ISSN: 1467-8446
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1467-8446.2005.00128.x
OpenAlexW1994526381
LanguageEN
Citations received14
References cited16

The marketplace for Australian wool relocated from London to the Australian capital cities in the half-century after 1880. This represented a major institutional shift that underpinned the development of the Australian economy and made Australia the centre of the international wool market. We analyse the principal demand and supply changes underlying this market shift. Consolidation of worsted manufacturing, demand diversification, improved transport and communications, Australian dominance of international wool production and the growth of the small grazier, shifted the relative market efficiency in favour of Australian auctions

Business · Consolidation (business) · Diversification (marketing strategy) · Dominance (genetics) · Economics · Economy · Geography · International trade · Market economy · Relocation · Supply and demand · Wool · Worsted · Fashion and Cultural Textiles · Finance · Global trade, sustainability, and social impact · Marketing

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    Open Access•Simon Mollan, Ranald Michie et al.•Enterprise & Society•2012

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    Open Access•Ville, Simon Ville•Enterprise & Society•2009

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    Open Access•Tracy Martens, Judith Cameron et al.•Journal of Archaeological Science…•2024

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    Open Access•Ian Gilligan•Archaeologies•2023

  • Quotidian Routines

    Open Access•Claire E F Wright, Ville et al.•Enterprise & Society•2019

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    Open Access•Iker Saitua•Rural History•2025

  • Institution Building and Variation in the Formation of the A ustralian Wool Market

    Open Access•David Merrett, Ville•Australian Economic History Review•2013

  • The Cambridge Economic History of Australia

    Open Access•Ville, Simon P Ville et al.•Cambridge Economic History of…•2014

  • Scots, Networks and the Colonial Economy

    Jim Mcaloon•Immigrants & Minorities•2011

  • Rent Seeking or Market Strengthening? Industry Associations in New Zealand Wool Broking

    Open Access•Ville, Simon Ville•The Business History Review•2007

  • Accounting for Nonconvergence in Global Wool Marketing before 1939

    Open Access•David Merrett, David Tolmie Merrett et al.•The Business History Review•2015

  • Industry associations and non-competitive behaviour in Australian wool marketing

    David Merrett, Ville et al.•Business History•2012

  • Industry associations as facilitators of social capital

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    Open Access•J W Mccarty•Australian Economic History Review•1973

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    Ville, Simon Ville et al.•Business History•2000

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    Ll R J, Cuthbert Maugham•Geographical Journal•1932

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Citations per year0.74
Citation span2007 - 2025 (19)
Highly citedNo

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