LOCATING THE INDUSTRIAL REVOLUTION:Inducement and Response
AbstractThe familiar industrialisation of northern England and less familiar de-industrialisation of the south are shown to have depended on a common process. Neither rise nor decline resulted from differences in natural resource endowments, since they began before the use of coal and steam in manufacturing. Instead, political certainty, competitive ideology and Enlightenment optimism encouraged investment in transport and communications. This integrated the national market, intensifying competition between regions and altering economic distributions. Despite a dysfunctional landed system, agricultural innovation meant that the south's comparative advantage shifted towards the farm sector. Meanwhile its manufactures slowly declined. Once industry clustered in the less benign northern environment, technological changes in manufacturing accumulated there.This book portrays the Industrial Revolution as deriving from economic competition within unique political arrangements.
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Bibliographic InfoThis book is provided by World Scientific Publishing Co. Pte. Ltd. in its series World Scientific Books with number 7626 and published in 2010.
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- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- N0 - Economic History - - General
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