Bullion and Monetary Flows in the Northern Andes: New Evidence and Insights, 1780-1800

Moreno, James Vladimir Torres

doi:10.21789/24222704.1430

Cited by 6 publications

(14 citation statements)

References 14 publications

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“…76 As recent research has shown, by 1805 Maracaibo had become one of the most important entrepôts of European goods for Bogotá's merchants, setting the stage for conflicts between the Andean hubs of trade and the traditional ports of coastal New Granada such as Cartagena. 77 For reasons that should be addressed in future research, the mining belts of Antioquia and Chocó remained outside the aduanas network. In those areas, sales taxes would be collected by the officials of the royal treasuries until the end of colonial rule.…”

Section: The Mechanics Of the Alcabalas 239mentioning

confidence: 99%

The Mechanics of the Alcabalas: Reform, Local Bargaining, and Dwindling Taxation in New Granada, 1750–1810

Moreno¹

2023

The Americas

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This article studies the mechanics of sales taxes in the viceroyalty of New Granada (present-day Colombia, Ecuador, Panama, and western Venezuela) during the second half of the eighteenth century. Advocating a careful examination of the accounting, institutional, and fiscal practices of North Andean customs houses, it provides an extensive discussion on how tax records can be harnessed to study the scope and nature of Bourbon reforms and to measure trade flows. The article pursues three interrelated goals. First, it studies the impact of local negotiations and jurisdictional fragmentation on local rates and revenue collection, providing new insights into the concrete mechanisms of tax bargaining. Second, the study reinterprets data on the main North Andean entrepôts of trade to measure fiscal cycles, real tax pressure, and tax incidence. Proposing a new method for examining customs records, this research shows how fiscal concessions and economic cycles led to diminishing fiscal revenues. Finally, the research places the viceroyalty within the broader context of fiscal change in the Spanish Empire, arguing that the region collected fewer revenues not only because of its comparatively smaller economic activity but also because the combination of custom and reform yielded lower taxation rates and unique fiscal structures.

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Section: The Mechanics Of the Alcabalas 239mentioning

confidence: 99%

The Mechanics of the Alcabalas: Reform, Local Bargaining, and Dwindling Taxation in New Granada, 1750–1810

Moreno¹

2023

The Americas

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“…sobre el resto de la economía. El caso de la Provincia de Antioquia es importante, pues hacia 1800 produjo un 35 % del oro del Virreinato (Torres, 2019).…”

Section: Tandeunclassified

Comercio en las “tierras de oro”. Circulación de bienes de la tierra en un circuito comercial de la Nueva Granada: Zaragoza (1789-1811)

Giraldo

2020

Tiempo y economía

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“…The jurisdiction of the Mompox's aduana encompassed both «lands of gold» ( tierras de oro ) and «lands of silver» ( tierras de plata ). In the former, the money supply was composed not only of silver and gold coins but also of gold dust (Torres 2019). Given the bimetallic nature of the money supply, merchants cleverly paid their taxes in the towns in which they could arbitrage not only in terms of silver-gold market ratios but also in terms of the price of gold dust vis-a-vis gold and silver coins (this relative price was known as rendición in the contemporary jargon) (Torres 2013) 12 .…”

Section: The Political Economy Of An «Unfathomable» Taxmentioning

confidence: 99%

Connecting the Northern Andes and the Atlantic. The Role of Inland Ports in New Granada's Interregional Trade (1770-1809)

Torres-Moreno

Henao-Giraldo

2020

RHE / JILAEH

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This paper analyses the role of Mompox in New Granada's interregional trade during the late colonial period. It focuses on the value, structure and destination of exports of domestic goods from Mompox to markets on the Atlantic and the Andes. By unearthing unexplored sources, this paper provides evidence that will help to understand, indirectly, some issues such as the nature and timing of economic growth, the degree of regional specialisation and, above all, the role of inland ports in the economic geography of the viceroyalty. The paper contends, first, that the region experienced a boom–bust cycle during the late colonial period. The export of domestic goods doubled between 1770 and 1800 but subsequently collapsed during the 1802-1809 years. Second, evidence suggests that the region experienced a process of market deepening and widening. Trade flows, then, played a larger role in shaping the economic history of the region than previously thought.

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Bullion and Monetary Flows in the Northern Andes: New Evidence and Insights, 1780-1800

Cited by 6 publications

References 14 publications

The Mechanics of the Alcabalas: Reform, Local Bargaining, and Dwindling Taxation in New Granada, 1750–1810

The Mechanics of the Alcabalas: Reform, Local Bargaining, and Dwindling Taxation in New Granada, 1750–1810

Comercio en las “tierras de oro”. Circulación de bienes de la tierra en un circuito comercial de la Nueva Granada: Zaragoza (1789-1811)

Connecting the Northern Andes and the Atlantic. The Role of Inland Ports in New Granada's Interregional Trade (1770-1809)

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