一般注記type:text
This study quantitatively investigates daily rice prices in Osaka’s futures and spot markets from 1925 to 1939 to examine how the futures market served as the index price of the spot trade under the government’s frequent interventions. The functions of the futures market fundamentally varied with seasons in response to the rice harvest. After the Great Depression, the government extended its manipulations to control rice prices, and its interventions greatly reduced the futures market’s role at times other than during the harvest season. Consequently, the unstable futures market functionally swung in the 1930s.
DOI10.14991/004.00000179-0001
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)