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Britannia ruled the waves

Leunig, Tim (2001) Britannia ruled the waves. Economic History Working Papers, 66/01. Department of Economic History, London School of Economics and Political Science, London, UK.

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Abstract

This paper uses new micro-level US data to re-examine productivity leadership in cotton spinning c. 1900. We find that output aggregation problems make the Census unreliable in this industry, and that Lancashire, not New England was the productivity leader for almost every type of yarn. This is true both for the operation of a given machinery type, and when comparing machinery typical in each country. Higher capital and labour productivity rates imply that Lancashire’s combination of a more favourable climate, external economies of scale and more experienced workers dominated the advantages that New England firms derived from greater scale.

Item Type: Monograph (Working Paper)
Official URL: http://www2.lse.ac.uk/economicHistory/workingPaper...
Additional Information: © 2001 The Author
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
E History America > E151 United States (General)
D History General and Old World > DA Great Britain
Sets: Departments > Economic History
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: 66/01
Date Deposited: 23 Jun 2006
URL: http://eprints.lse.ac.uk/536/

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