From 1770 to 1914, the British Government collected weekly price and quantity data for all types of grain traded in many market towns; these “Corn Returns” were published in the London Gazette. We computerized the data published between 1770 and 1864, totalling around 6 million data points. Here we describe the nature of these data; discuss why, when, and how they were collected; consider their accuracy and biases; describe how we computerized them; and offer caveats in using these—and similar—data. We highlight the problem of drawing valid inferences in the face of price impact from fluctuating grain quality and rising imports.
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Brunt et al. (2013) studied this question.
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