Soldiers and booze: The rise and decline of a Roman market economy in north-western Europe

By Anonymous (not verified), 26 August, 2019
32.00
Buringh, E., van Zanden, J.L., and Bosker, M.

This study quantifies the importance of the Roman military for the development of a market economy in north-western Europe. Distributions of low denomination coins show how the Roman arrival kick-started a local market economy. Additionally settlement densities of fluvial catchments are used as a proxy for economic development. Our newly constructed dataset of settlement sizes shows a high correlation with Roman military requirements. After the demise of the empire the local market economy faded away. This antique market economy had a different geographical distribution than its medieval successor, which was not mainly driven by military demand.