Endogenous infrastructure development and spatial takeoff in the first industrial revolution

Alex Trew

doi:10.1257/mac.20160162

Endogenous infrastructure development and spatial takeoff in the first industrial revolution

Alex Trew

Research output: Contribution to journal › Article › peer-review

7 Citations (Scopus)

4 Downloads (Pure)

Abstract

This paper develops a model in which the evolution of the transport sector occurs alongside the growth in trade and output of agricultural and manufacturing ﬁrms. Simulation output captures aspects of the historical record of England and Wales over 1710–1881. A number of counterfactuals demonstrate the role that the timing and spatial distribution of infrastructure development plays in determining the timing of takeoﬀ. There can be a role for policy in accelerating takeoﬀ through improving infrastructure, but the spatial distribution of that improvement matters.

Original language	English
Pages (from-to)	43-93
Journal	American Economic Journal: Macroeconomics
Volume	12
Issue number	2
Early online date	26 Mar 2020
DOIs	https://doi.org/10.1257/mac.20160162
Publication status	Published - Apr 2020

Keywords

Industrial revolution
Growth
Transport
Spatial development

Access to Document

10.1257/mac.20160162

AEJMacro-2016-0162_final_paper
Copyright © 2020 American Economic Association. This work has been made available online in accordance with publisher policies or with permission. Permission for further reuse of this content should be sought from the publisher or the rights holder. This is the author created accepted manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at https://doi.org/10.1257/mac.20160162
Accepted author manuscript, 2.45 MB

1 Finished

Transport Infrastructure and policy: Transport Infrastructure, Long Run, Development and Policy: Evidence from England and Wales c.1817 to 2011
Trew, A. (PI)
1/06/15 → 31/05/17
Project: Standard

Cite this

@article{3431237f0b1149ba86aa153932b68703,

title = "Endogenous infrastructure development and spatial takeoff in the first industrial revolution",

abstract = "This paper develops a model in which the evolution of the transport sector occurs alongside the growth in trade and output of agricultural and manufacturing ﬁrms. Simulation output captures aspects of the historical record of England and Wales over 1710–1881. A number of counterfactuals demonstrate the role that the timing and spatial distribution of infrastructure development plays in determining the timing of takeoﬀ. There can be a role for policy in accelerating takeoﬀ through improving infrastructure, but the spatial distribution of that improvement matters.",

keywords = "Industrial revolution, Growth, Transport, Spatial development",

author = "Alex Trew",

note = "This research was supported by the Institute for New Economic Thinking grant #INO15-0002",

year = "2020",

month = apr,

doi = "10.1257/mac.20160162",

language = "English",

volume = "12",

pages = "43--93",

journal = "American Economic Journal: Macroeconomics",

issn = "1945-7707",

publisher = "American Economic Association",

number = "2",

}

TY - JOUR

T1 - Endogenous infrastructure development and spatial takeoff in the first industrial revolution

AU - Trew, Alex

N1 - This research was supported by the Institute for New Economic Thinking grant #INO15-0002

PY - 2020/4

Y1 - 2020/4

N2 - This paper develops a model in which the evolution of the transport sector occurs alongside the growth in trade and output of agricultural and manufacturing ﬁrms. Simulation output captures aspects of the historical record of England and Wales over 1710–1881. A number of counterfactuals demonstrate the role that the timing and spatial distribution of infrastructure development plays in determining the timing of takeoﬀ. There can be a role for policy in accelerating takeoﬀ through improving infrastructure, but the spatial distribution of that improvement matters.

AB - This paper develops a model in which the evolution of the transport sector occurs alongside the growth in trade and output of agricultural and manufacturing ﬁrms. Simulation output captures aspects of the historical record of England and Wales over 1710–1881. A number of counterfactuals demonstrate the role that the timing and spatial distribution of infrastructure development plays in determining the timing of takeoﬀ. There can be a role for policy in accelerating takeoﬀ through improving infrastructure, but the spatial distribution of that improvement matters.

KW - Industrial revolution

KW - Growth

KW - Transport

KW - Spatial development

U2 - 10.1257/mac.20160162

DO - 10.1257/mac.20160162

M3 - Article

SN - 1945-7707

VL - 12

SP - 43

EP - 93

JO - American Economic Journal: Macroeconomics

JF - American Economic Journal: Macroeconomics

IS - 2

ER -

Endogenous infrastructure development and spatial takeoff in the first industrial revolution

Abstract

Keywords

Access to Document

Fingerprint

Projects

Transport Infrastructure and policy: Transport Infrastructure, Long Run, Development and Policy: Evidence from England and Wales c.1817 to 2011

Cite this