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Making sense of the manufacturing belt : determinants of U.S. industrial location, 1880-1920

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Crafts, N. F. R. and Klein, Alexander, Dr. (2010) Making sense of the manufacturing belt : determinants of U.S. industrial location, 1880-1920. Working Paper. Coventry: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2010 (Number 4).

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Abstract

This paper investigates the ability of the new economic geography to explain the persistence of the manufacturing belt in the United States around the turn of the 20th century using a model which subsumes both market-potential and factor-endowment arguments. The results show that market potential was central to the existence of the manufacturing belt, that it mattered more than factor endowments, and that its impact
came through interactions both with scale economies and with linkage effects. Natural advantage played a role in industrial location but only through agricultural inputs which were important for a small subset of manufacturing.

Item Type: Working or Discussion Paper (Working Paper)
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH): Industrial capacity -- United States -- Mathematical models , United States -- Economic conditions -- 1865-1918, Manufacturing industries -- United States -- Mathematical models, United States -- Geography, United States -- Economic policy
Series Name: CAGE Online Working Paper Series
Publisher: Department of Economics, University of Warwick
Place of Publication: Coventry
Official Date: March 2010
Dates:
DateEvent
March 2010Published
Volume: Volume 2010
Number: Number 4
Number of Pages: 56
Institution: University of Warwick
Status: Not Peer Reviewed
Publication Status: Published
Access rights to Published version: Open Access
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