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The location of the UK cotton textiles industry in 1838: a quantitative analysis
journal contribution
posted on 2023-06-09, 20:19 authored by Nicholas Crafts, Nikolaus WolfWe examine the geography of cotton textiles in Britain in 1838 to test claims about why the industry came to be so heavily concentrated in Lancashire. Our analysis considers both first and second nature aspects of geography including the availability of water power, humidity, coal prices, market access and sunk costs. We show that some of these characteristics have substantial explanatory power. Moreover, we exploit the change from water to steam power to show that the persistent effect of first nature characteristics on industry location can be explained by a combination of sunk costs and agglomeration effects.
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Publication status
- Published
File Version
- Accepted version
Journal
Journal of Economic HistoryISSN
0022-0507Publisher
Cambridge University PressExternal DOI
Issue
4Volume
74Page range
1103-1139Department affiliated with
- Economics Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2020-01-21First Open Access (FOA) Date
2020-01-21First Compliant Deposit (FCD) Date
2020-01-20Usage metrics
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