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7 - The Milling Sector: A Trade Harnessed to Raison d’État?

from Part II - Industrial Organization: The Producers in a Regulated Industry

Published online by Cambridge University Press:  15 April 2019

Jan de Vries
Jan de Vries
Affiliation:
University of California, Berkeley
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Summary

Grain milling in the Netherlands was subject to far-reaching regulation in order to prevent tax evasion. This chapter shows how regulation limited efficiency in milling operations but led to industrial concentration, which achieved economies of scale. Millers' earnings were also regulated and this chapter estimates average earnings in this sector.
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The Price of Bread
Regulating the Market in the Dutch Republic
 , pp. 165 - 179
Publisher: Cambridge University Press
Print publication year: 2019

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