Factor Markets in Babylonia from the Late Seventh to the Third Century BCE

Abstract

Abstract This paper studies the evidence for the existence of a labour market, a market for agricultural land, and a market for capital in Babylonia from the sixth to the third century bce. The argument is informed by our current understanding of the performance of Babylonian commodity markets, for which abundant quantitative information is available. I attempt to establish a connection between the general political and socio-economic development in Babylonia from the sixth century onwards and the increase and decrease of the role that can be attributed to factor markets.

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