Crafts, Nicholas and Mulatu, Abay (2004) How did the location of industry respond to falling transport costs in Britain before World War 1? Working papers in large-scale technological change (05/04). Department of Economic History, London School of Economics and Political Science, London, UK.
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Abstract
This paper 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.
| Item Type: | Monograph (Working Paper) |
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| Official URL: | http://www.lse.ac.uk/collections/economicHistory/ |
| Additional Information: | © 2004 Nicholas Crafts |
| Divisions: | Economic History |
| Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HE Transportation and Communications H Social Sciences > HD Industries. Land use. Labor D History General and Old World > D History (General) > D204 Modern History D History General and Old World > DA Great Britain |
| Date Deposited: | 05 Feb 2009 15:00 |
| Last Modified: | 13 Sep 2024 19:53 |
| Projects: | 2394/R000239536 |
| Funders: | Economic and Social Research Council |
| URI: | http://eprints.lse.ac.uk/id/eprint/22555 |
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