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Logistics, Market Size, and Giant Plants in the Early Twentieth Century: A Global View

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  • HANNAH, LESLIE

Abstract

The businesses of developed Europe—transporting freight by a more advantageous mix of ships, trains, and horses—encountered logistic barriers to trade lower than those in the sparsely populated United States. Economically integrated, compact northwest Europe was a multinational market space larger than the United States, and, arguably, as open to interstate commerce as the contemporary American domestic market. By the early twentieth century, the First European Integration had enabled its manufacturers to build more than half the world's giant plants—many more than in the United States—as variously required by factor endowments, consumer demand, and scale economies.

Suggested Citation

  • Hannah, Leslie, 2008. "Logistics, Market Size, and Giant Plants in the Early Twentieth Century: A Global View," The Journal of Economic History, Cambridge University Press, vol. 68(1), pages 46-79, March.
    • Handle: RePEc:cup:jechis:v:68:y:2008:i:01:p:46-79_00
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    Cited by:

    1. Liu, Dan & Meissner, Christopher M., 2015. "Market potential and the rise of US productivity leadership," Journal of International Economics, Elsevier, vol. 96(1), pages 72-87.
    2. repec:dgr:rugggd:gd-108 is not listed on IDEAS
    3. Herman De Jong & Pieter Woltjer, 2011. "Depression dynamics: a new estimate of the Anglo‐American manufacturing productivity gap in the interwar period," Economic History Review, Economic History Society, vol. 64(2), pages 472-492, May.
    4. Hoogenboom, Marcel & Kissane, Christopher & Prak, Maarten & Wallis, Patrick & Minns, Chris, 2018. "Guilds in the transition to modernity: the cases of Germany, United Kingdom, and the Netherlands," LSE Research Online Documents on Economics 87476, London School of Economics and Political Science, LSE Library.
    5. Joost Veenstra & Herman Jong, 2016. "A Tale of Two Tails: Establishment Size and Labour Productivity in United States and German Manufacturing at the Start of the Twentieth Century," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 56(2), pages 198-220, July.
    6. Jong, H. de & Woltjer, P., 2009. "A Comparison of Real Output and Productivity for British and American Manufacturing in 1935," GGDC Research Memorandum GD-108, Groningen Growth and Development Centre, University of Groningen.
    7. repec:dgr:rugggd:gd-141 is not listed on IDEAS

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