Market potential in British regions, 1871-1931
Crafts N. (2005) Market potential in British regions, 1871-1931, Regional Studies 39 , 1159-1166. This paper constructs measures of market potential for British regions based on the spatial distribution of Gross Domestic Product and its accessibility. The results show that the North, Scotland and Wales were much less 'peripheral' before the First World War than in 1985. The main reason for the deterioration in their position was changing transport costs associated with the demise of coastal shipping and the rise of road haulage. The implications of technological progress in transportation for relative market potential over the long run have gone unremarked but should not be forgotten as globalization forges ahead.
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Volume (Year): 39 (2005)
Issue (Month): 9 ()
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Antoni Estevadeordal & Brian Frantz & Alan M. Taylor, 2002. "The Rise and Fall of World Trade, 1870-1939," NBER Working Papers 9318, National Bureau of Economic Research, Inc.
- Crafts, Nicholas & Mulatu, Abay, 2004.
"What Explains the Location of Industry in Britain, 1871-1931,"
CEPR Discussion Papers
4356, C.E.P.R. Discussion Papers.
- Nicholas Crafts & Abay Mulatu, 2005. "What explains the location of industry in Britain, 1871–1931?," Journal of Economic Geography, Oxford University Press, vol. 5(4), pages 499-518, August.
- Richard Anthony, 1993. "The Scottish agricultural labour market, 1900-1939: a case of institutional intervention," Economic History Review, Economic History Society, vol. 46(3), pages 558-574, 08.
- Frank Geary & Tom Stark, 2002. "Examining Ireland"s Post--famine Economic Growth Performance," Economic Journal, Royal Economic Society, vol. 112(482), pages 919-935, October.
- O Grada, Cormac, 1995. "Ireland: A New Economic History 1780-1939," OUP Catalogue, Oxford University Press, number 9780198205982.
- K.H. Midelfart & H.G. Overman & S.J. Redding & A.J. Venables, 2000. "The location of European industry," European Economy - Economic Papers 2008 - 2015 142, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
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