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GLOBALISATION, MARKET FORMATION AND COMMODITISATION IN THE SPANISH EMPIRE. CONSUMER DEMAND FOR ASIAN GOODS IN MEXICO CITY AND SEVILLE, C. 1571-1630*

Published online by Cambridge University Press:  26 August 2014

JOSÉ L. GASCH-TOMÁS
JOSÉ L. GASCH-TOMÁS*
Affiliation:
Universidad Pablo de Olavide
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Abstract

This article aims to shed light on the process and mechanisms through which Asian manufactured goods (Chinese silk and porcelain, among others) were commoditised and how markets for such goods were formed in the Spanish Empire. After the opening of the Manila Galleon route in 1571 supply of and demand for Asian goods grew in the Spanish Empire, but retail means of supply of such goods were scantly developed. The article offers an econometric model which, when applied to data on a sample of probate inventories of elites of Mexico City and Seville, determines the influence of belonging to private, familial global networks in consumer demand expansion for Asian manufactures throughout the Spanish Empire.

Resumen

Este artículo pretende arrojar luz sobre el proceso y mecanismos a través de los cuales se formó un mercado de productos asiáticos (sedas y porcelanas chinas, entre otros productos) en el imperio español. Después de la apertura de la ruta del Galeón de Manila en 1571 el suministro y la demanda de productos asiáticos creció en el imperio español, pero los circuitos de comercialización de tales productos estaban todavía escasamente desarrollados. Este artículo ofrece un modelo econométrico que, aplicado a una muestra de inventarios post-mortem de las elites de México y Sevilla, pretende determinar la incidencia que tuvo la pertenencia a redes globales familiares privadas en la expansión de la demanda de manufacturas asiáticas en el imperio español.

Keywords

consumptionAsian goodsglobalisationformation of marketsManila GalleonsConsumoproductos asiáticosglobalizaciónformación de mercadosGaleones de Manila

JEL classification

F61: Microeconomic Impacts R21: Housing Demand E21: Consumption • Saving • Wealth N30: General, International, or Comparative
Type
Articles/Artículos
Information
Revista de Historia Economica - Journal of Iberian and Latin American Economic History , Volume 32 , Issue 2 , September 2014 , pp. 189 - 221
Copyright
© Instituto Figuerola, Universidad Carlos III de Madrid, 2014 

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Footnotes

a

Department of History, Geography, and Philosophy, Universidad Pablo de Olavide, Carretera de Utrera, km. 1, 41013 Sevilla Spain. Jose.Gasch@EUI.eu

*

The author is very grateful to Bartolomé Yun Casalilla, Jan de Vries, Harold James, Fernando Ramos Palencia, Ana Crespo Solana, Manuel González Mariscal, and RHE-JILAEH referees for their helpful comments and criticism. The author also thanks the programme «Salvador de Madariaga» and the research group and project «New Atlantic Products, Science, War, Economics and Consumption in Spain during the Old Regimen. The case of Andalusia, 1492-1824» - P09 - HUM-5330, for financial support in research.

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