UNSPECIFIED (2002) External economies of scale in the Lancashire cotton industry, 1900-1950. ECONOMIC HISTORY REVIEW, 55 (1). 51-+. ISSN 0013-0117.
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Abstract
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 |
| ISSN: | 0013-0117 |
| Official Date: | February 2002 |
| Dates: | Date Event February 2002 UNSPECIFIED |
| Volume: | 55 |
| Number: | 1 |
| Number of Pages: | 28 |
| Page Range: | 51-+ |
| Publication Status: | Published |
| URI: | https://wrap.warwick.ac.uk/10988/ |
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