New Economic History of the Railways (Routledge Revivals)

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A01=Patrick O'Brien
American Iron Industry
Artificial Waterways
Author_Patrick O'Brien
Average Social Productivity
Average Social Rate
capital
capital investment evaluation
Category=KCD
Category=KCZ
Category=NH
Cheaper Transport
Constant Marginal Cost
counterfactual analysis
Counterfactual Speculation
Crude Iron
Dollar Sterling Exchange Rate
economic growth modelling
eq_bestseller
eq_business-finance-law
eq_history
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
figures
hawke's
Hawke's Estimate
Hawke's Figures
historians
histories
Hypothetical Economy
Ilative Version
Iron Industry
market integration analysis
National Product
overhead
Pig Iron
Production Function Analysis
Production Possibility Curve
quantitative railway impact assessment
Quasi Rents
Railway Demand
Railway Investment
rate
saving
social
Social Overhead Capital
social rate of return
Social Rates
Social Saving
transport
transport economics
USA UK

Product details

  • ISBN 9781138826205
  • Weight: 390g
  • Dimensions: 138 x 216mm
  • Publication Date: 24 Oct 2014
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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The book, first published in 1977, contrasts new and older approaches to the history of transport and outlines a critical exposition of the methods used to quantify the contribution of railways to economic growth by means of counterfactual speculation and the measurement of social savings. The author also outlines and appraises an alternative measure of the impact of railways, namely the social rate of return on capital invested in railways. The final chapters are concerned with the effects on growth generated by the construction and diffusion of railways through expenditure on labour, capital goods and industrial inputs and through their effects on the integration of markets, and patterns of location.

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