External economies of scale in the Lancashire cotton industry, 1900-1950
UNSPECIFIED. (2002) External economies of scale in the Lancashire cotton industry, 1900-1950. ECONOMIC HISTORY REVIEW, 55 (1). 51-+. ISSN 0013-0117Full text not available from this repository.
This article provides three types of evidence for external economies of scale in the Lancashire cotton industry. Anglo-American productivity differences are used to demonstrate external economics at the industry level. Econometric evidence of dynamic (Marshall-Arrow-Romer) external economies of localization in spinning and weaving is provided using individual earnings data, A case study of a merchant firm demonstrates the build-up of dynamic (Jacobs) externalities of urbanization. It is argued that the persistence of a large merchant community generating external economies of scale helped to delay Britain's loss of comparative advantage to low wage producers.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions
D History General and Old World
H Social Sciences
|Journal or Publication Title:||ECONOMIC HISTORY REVIEW|
|Publisher:||BLACKWELL PUBL LTD|
|Official Date:||February 2002|
|Number of Pages:||28|
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