IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

European governments and the infrastructure industries, c.1840 1914

  • MILLWARD, ROBERT
Registered author(s):

    In this article the economic organisation of the infrastructure industries of transport, communications and energy in the period 1840 1914 is analysed and the role of government evaluated. The article attempts to explain the differences in government involvement across mainly Western European countries: Denmark, France, Germany, Italy, Norway, Spain, Sweden and the United Kingdom. Regulation via the concession system, municipal ownership, state guarantees of bond interest, profit sharing and nationalisation can all be found. In local networks for gas, electricity and tramways the pattern of regulation was determined by the structure and powers of local government and by fiscal considerations, such as the need to generate trading profits as a non-tax revenue for those town councils seeking funds for their mounting public health programmes. At the national level, central government objectives with respect to economic growth and political unification were pursued by the use of rate-of-return guarantees and subsidies to railway companies. State ownership was to be found only when speed in construction was paramount or when network segments were especially unprofitable or, and this applied also to telegraphs, when there was a very strong desire to control information and the flow of goods and persons. Neither a distrust of capitalism nor the advent of municipal socialism were motivating forces behind public ownership.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://journals.cambridge.org/abstract_S1361491604001030
    File Function: link to article abstract page
    Download Restriction: no

    Article provided by Cambridge University Press in its journal European Review of Economic History.

    Volume (Year): 8 (2004)
    Issue (Month): 01 (April)
    Pages: 3-28

    as
    in new window

    Handle: RePEc:cup:ereveh:v:8:y:2004:i:01:p:3-28_00
    Contact details of provider: Postal: Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK
    Web page: http://journals.cambridge.org/jid_ERE
    Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:cup:ereveh:v:8:y:2004:i:01:p:3-28_00. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Keith Waters)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.