IDEAS home Printed from https://ideas.repec.org/p/bar/bedcje/2007188.html
   My bibliography  Save this paper

Vertical integration or specialisation: producing and commercialising cotton goods (1815-1913)

Author

Listed:
  • Marc Prat Sabartes

    (Universitat de Barcelona)

Abstract

This article describes the ways in which cotton goods were commercialised during the nineteenth century and the first third of the twentieth. Several national cases are analysed: Britain, as the Workshop of the World; France, Germany, Switzerland and the US, as core economies; and Italy and Spain as countries on the European periphery. The main question that we address is why some cotton industries vertically integrated their production and commercialisation processes, but others did not. We present a model that combines industrial district size and product differentiation to explain why vertical integration was present in most cases and why there was vertical specialisation in Lancashire and Lowell.

Suggested Citation

  • Marc Prat Sabartes, 2007. "Vertical integration or specialisation: producing and commercialising cotton goods (1815-1913)," Working Papers in Economics 188, Universitat de Barcelona. Espai de Recerca en Economia.
    • Handle: RePEc:bar:bedcje:2007188
    as

    Download full text from publisher

    File URL: http://www.ere.ub.es/dtreball/E07188.rdf/at_download/file
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Chapman, Sydney J., 1904. "The Lancashire Cotton Industry," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number chapman1904.
    2. Chapman,Stanley, 1992. "Merchant Enterprise in Britain," Cambridge Books, Cambridge University Press, number 9780521351782, October.
    3. Lazonick, William, 1981. "Competition, Specialization, and Industrial Decline," The Journal of Economic History, Cambridge University Press, vol. 41(1), pages 31-38, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gary Spraakman & Julie Margret, 2005. "The transfer of management accounting practices from London counting houses to the British North American fur trade," Accounting History Review, Taylor & Francis Journals, vol. 15(2), pages 101-119.
    2. Gary B. Gorton, 2020. "Private Money Production without Banks," NBER Working Papers 26663, National Bureau of Economic Research, Inc.
    3. Sissoko, Carolyn & Ishizu, Mina, 2021. "How the West India trade fostered last resort lending by the Bank of England," LSE Research Online Documents on Economics 108565, London School of Economics and Political Science, LSE Library.
    4. Gupta, Bishnupriya, 2014. "Discrimination or Social Networks? Industrial Investment in Colonial India," The Journal of Economic History, Cambridge University Press, vol. 74(1), pages 141-168, March.
    5. Ishizu, Mina, 2021. "Metropolitan financial agents and the emergence of inter-regional financial linkages in England and Japan, 1760-1860," Economic History Working Papers 110963, London School of Economics and Political Science, Department of Economic History.
    6. Toms, Steven, 2014. "‘Cold, Calculating Political Economy’: Fixed costs, the Rate of Profit and the Length of the Working Day in the Factory Act Debates, 1832-1847," MPRA Paper 54408, University Library of Munich, Germany.
    7. Jérôme Sgard, 2023. "Imperial Politics, Open Markets and Private Ordering: The Global Grain Trade (1875-1914)," Working Papers hal-04081417, HAL.
    8. Jamee K. Moudud, 2010. "Strategic Competition, Dynamics, and the Role of the State," Books, Edward Elgar Publishing, number 4241.
    9. Carlo Cristiano, 2010. "Marshall at Cambridge," Chapters, in: Tiziano Raffaelli & Giacomo Becattini & Katia Caldari & Marco Dardi (ed.), The Impact of Alfred Marshall’s Ideas, chapter 3, Edward Elgar Publishing.
    10. Andrew Dilley, 2010. "‘The rules of the game’: London finance, Australia, and Canada, c.1900–14," Economic History Review, Economic History Society, vol. 63(4), pages 1003-1031, November.
    11. Katia Caldari & Tamotsu Nishizawa, 2011. "Marshall’s Ideas on Progress: Roots and Diffusion," Chapters, in: Heinz D. Kurz & Tamotsu Nishizawa & Keith Tribe (ed.), The Dissemination of Economic Ideas, chapter 6, Edward Elgar Publishing.
    12. David Clayton, 2011. "Trade‐Offs And Rip‐Offs: Imitation‐Led Industrialisation And The Evolution Of Trademark Law In Hong Kong," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 51(2), pages 178-198, July.
    13. Valerio Cerretano, 2009. "The Treasury, Britain's postwar reconstruction, and the industrial intervention of the Bank of England, 1921–91," Economic History Review, Economic History Society, vol. 62(s1), pages 80-100, August.
    14. Morgan Kelly & Joel Mokyr & Cormac Ó Gráda, 2015. "Roots of the Industrial Revolution," Working Papers 201524, School of Economics, University College Dublin.
    15. Peter Maw, 2010. "Yorkshire and Lancashire ascendant: England's textile exports to New York and Philadelphia, 1750–1805," Economic History Review, Economic History Society, vol. 63(3), pages 734-768, August.
    16. H. M. Boot & J. H. Maindonald, 2008. "New estimates of age‐ and sex‐specific earnings and the male–female earnings gap in the British cotton industry, 1833–19061," Economic History Review, Economic History Society, vol. 61(2), pages 380-408, May.
    17. Toms, J. S., 1998. "The supply of and demand for accounting information in an unregulated market: Examples from the lancashire cotton mills, 1855-1914," Accounting, Organizations and Society, Elsevier, vol. 23(2), pages 217-238, February.
    18. Manuel Llorca-Jaña, 2015. "Huth & Co.’s credit strategies: a global merchant-banker’s risk management, c. 1810-1850," Estudios de Economia, University of Chile, Department of Economics, vol. 42(2 Year 20), pages 17-43, December.
    19. Kelly, Morgan & Mokyr, Joel & Grada, Cormac O, 2015. "Roots of the Industrial Revolution," CAGE Online Working Paper Series 248, Competitive Advantage in the Global Economy (CAGE).
    20. Theo Balderston, 2010. "The economics of abundance: coal and cotton in Lancashire and the world," Economic History Review, Economic History Society, vol. 63(3), pages 569-590, August.

    More about this item

    JEL classification:

    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
    • N80 - Economic History - - Micro-Business History - - - General, International, or Comparative
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bar:bedcje:2007188. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Espai de Recerca en Economia (email available below). General contact details of provider: https://edirc.repec.org/data/feubaes.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.