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How Did the Location of Industry Respond to Falling Transport Costs in Britain Before World War I?

The Journal of economic history, 2006-09, Vol.66 (3), p.575-607 [Peer Reviewed Journal]

2006 The Economic History Association ;Copyright 2006 The Economic History Association ;Copyright Cambridge University Press, Publishing Division Sep 2006 ;ISSN: 0022-0507 ;EISSN: 1471-6372 ;DOI: 10.1017/S002205070600026X ;CODEN: JECHBP

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Title:
How Did the Location of Industry Respond to Falling Transport Costs in Britain Before World War I?
Author: CRAFTS, NICHOLAS ; MULATU, ABAY
Subjects: 19th century ; Coal ; Cost control ; Distribution costs ; Econometrics ; Economic activity ; Economic growth ; Economic history ; Economic models ; Economic theory ; Employment ; Endowment ; Furniture making ; Globalization ; Human capital ; Industrial market ; Industrial sites ; Location of industry ; Manufacturing ; Market potential ; Natural resources ; Papermaking ; Production costs ; Productivity ; Rail industry ; Regions ; Research methodology ; Shipbuilding ; Specialization ; Studies ; Textile manufacture ; Transportation costs ; World War I
Is Part Of: The Journal of economic history, 2006-09, Vol.66 (3), p.575-607
Description: This article explores the location of industry in pre–World War I Britain using a model that takes account both of factor endowment and also of New Economic Geography influences. Broadly speaking, the pattern of industrial location in this period was quite persistent and regional specialization changed little. The econometric results show that factor endowments had much stronger effects than proximity to markets, although the latter was an attraction for industries with large plant size. Overall, falling transport costs had relatively little effect on industrial location at a time when proximity to natural resources, notably coal, mattered most.
Publisher: New York, USA: Cambridge University Press
Language: English
Identifier: ISSN: 0022-0507
EISSN: 1471-6372
DOI: 10.1017/S002205070600026X
CODEN: JECHBP
Source: Alma/SFX Local Collection
ProQuest Central

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How Did the Location of Industry Respond to Falling Transport Costs in Britain Before World War I?

2006 The Economic History Association ;Copyright 2006 The Economic History Association ;Copyright Cambridge University Press, Publishing Division Sep 2006 ;ISSN: 0022-0507 ;EISSN: 1471-6372 ;DOI: 10.1017/S002205070600026X ;CODEN: JECHBP

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