Citation
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Full Details
Title: The Location of the UK Cotton Textiles Industry in 1838: a Quantitative Analysis
Author(s): Nicholas Crafts and Nikolaus Wolf
Publication Date: September 2013
Keyword(s): agglomeration, cotton textiles, geography and industry location
Programme Area(s): Economic History
Abstract: We examine the geography of UK cotton textiles 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 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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Bibliographic Reference
Crafts, N and Wolf, N. 2013. 'The Location of the UK Cotton Textiles Industry in 1838: a Quantitative Analysis'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=9626