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Logistics, market size, and giant plants in the early twentieth century: a global view

Hannah, Leslie (2008) Logistics, market size, and giant plants in the early twentieth century: a global view. Journal of Economic History, 68 (01). pp. 46-79. ISSN 0022-0507

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Identification Number: 10.1017/S0022050708000028

Abstract

The businesses of developed Europe—transporting freight by a more advantageous mix of ships, trains, and horses—encountered logistic barriers to trade lower than those in the sparsely populated United States. Economically integrated, compact northwest Europe was a multinational market space larger than the United States, and, arguably, as open to interstate commerce as the contemporary American domestic market. By the early twentieth century, the First European Integration had enabled its manufacturers to build more than half the world’s giant plants—many more than in the United States—as variously required by factor endowments, consumer demand, and scale economies.

Item Type: Article
Official URL: http://journals.cambridge.org/action/displayJourna...
Additional Information: © 2008 The Economic History Association
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HE Transportation and Communications
JEL classification: N - Economic History > N7 - Transport, International and Domestic Trade, Energy, Technology, and Other Services > N70 - General, International, or Comparative
Sets: Departments > Economic History
Collections > Economists Online
Date Deposited: 20 Jun 2011 10:30
Last Modified: 01 Nov 2017 10:00
URI: http://eprints.lse.ac.uk/id/eprint/36862

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