How Did the Location of Industry Respond to Falling Transport Costs in Britain Before World War I
Bibliographic Data
| ID | 10094591 |
|---|---|
| Authors | Nicholas Crafts (0000-0002-1885-6240, University of Warwick, corresponding author), Abay Mulatu (0000-0002-2385-5138) |
| Year | 2006 |
| Volume | 66 |
| Issue | 3 |
| Pages | 575-607 |
| Publication date | 2006-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic History (JOURNAL) |
| Journal identifiers | ISSN: 0022-0507 • E-ISSN: 1471-6372 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s002205070600026x |
| OpenAlex | W2136140899 |
| Language | EN |
| Citations received | 28 |
| References cited | 24 |
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
Comparative advantage · Econometric model · Econometrics · Economic geography · Economics · Economy · Endowment · Factor endowment · Falling (accident · First world war · International trade · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Regional Economics and Spatial Analysis
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| Unique citing works | 28 |
|---|---|
| Citations per year | 1,75 |
| Citation span | 2010 - 2026 (17) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 27 |