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The Location of the UK Cotton Textiles Industry in 1838: A Quantitative Analysis.
- Source :
- Journal of Economic History; Dec2014, Vol. 74 Issue 4, p1103-1139, 37p
- Publication Year :
- 2014
-
Abstract
- We examine the geography of cotton textiles in Britain in 1838 to test claims about why the industry came to be so heavily concentrated in Lancashire. Our analysis considers both first and second nature aspects of geography including the availability of water power, humidity, coal prices, market access, and sunk costs. We show that some of these characteristics have substantial explanatory power. Moreover, we exploit the change from water to steam power to show that the persistent effect of first nature characteristics on industry location can be explained by a combination of sunk costs and agglomeration effects. [ABSTRACT FROM PUBLISHER]
- Subjects :
- COTTON textile industry
INDUSTRIAL revolution
INDUSTRIAL location
HISTORY
Subjects
Details
- Language :
- English
- ISSN :
- 00220507
- Volume :
- 74
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Journal of Economic History
- Publication Type :
- Academic Journal
- Accession number :
- 101379184
- Full Text :
- https://doi.org/10.1017/S0022050714000874