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The Suez Canal and World Shipping, 1869-1914

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  • Fletcher, Max E.

Abstract

The opening of the Suez Canal took place in a century crowded revolutionary changes in the shipping world. In sharp contrast to the slow pace of change and development in the preceding era, major changes occurred in almost every sector of the shipping industry in the nineteenth century. While many of the new departures can be explained, at least in part, by the application of the techniques of the Industrial Revolution to shipping, the opening of Suez went far to accelerate and give direction to these changes. The canal significantly altered shipbuilding techniques and practices and contributed to the precipitous decline in the importance of the sailing ship as a major world carrier. Suez helped to bring about die realignment and relative decline of the European entrepot trade. And the new channel led to significant shifts in the patterns of Eastern and Australasian trade.

Suggested Citation

  • Fletcher, Max E., 1958. "The Suez Canal and World Shipping, 1869-1914," The Journal of Economic History, Cambridge University Press, vol. 18(4), pages 556-573, December.
    • Handle: RePEc:cup:jechis:v:18:y:1958:i:04:p:556-573_10
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    Cited by:

    1. Luigi Pascali, 2017. "The Wind of Change: Maritime Technology, Trade, and Economic Development," American Economic Review, American Economic Association, vol. 107(9), pages 2821-2854, September.
    2. Jules Hugot & Camilo Umana Dajud, 2016. "Trade costs and the Suez and Panama Canals," Working Papers 2016-29, CEPII research center.
    3. Gregg Huff, 2012. "Gateway cities and urbanisation in southeast asia before world war II," Oxford University Economic and Social History Series _096, Economics Group, Nuffield College, University of Oxford.
    4. Dijk, Marc & Orsato, Renato J. & Kemp, René, 2015. "Towards a regime-based typology of market evolution," Technological Forecasting and Social Change, Elsevier, vol. 92(C), pages 276-289.
    5. Hatton, Timothy J., 2023. "Emigrant Voyages from the UK to North America and Australasia, 1853-1913," IZA Discussion Papers 16281, Institute of Labor Economics (IZA).
    6. Swee, Eik Leong & Panza, Laura, 2016. "Good geography, good institutions? Historical evidence from nineteenth-century British colonies," European Economic Review, Elsevier, vol. 89(C), pages 264-283.
    7. Collins, William J., 1999. "Labor Mobility, Market Integration, and Wage Convergence in Late 19th Century India," Explorations in Economic History, Elsevier, vol. 36(3), pages 246-277, July.
    8. Mendonça, Sandro, 2013. "The “sailing ship effect”: Reassessing history as a source of insight on technical change," Research Policy, Elsevier, vol. 42(10), pages 1724-1738.
    9. Yip, Tsz Leung & Wong, Mei Chi, 2015. "The Nicaragua Canal: scenarios of its future roles," Journal of Transport Geography, Elsevier, vol. 43(C), pages 1-13.

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