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Size and Profitability of English Colliers in the Eighteenth Century

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  • Hausman, William J.

Abstract

Taking a fresh look at the factors bearing on profitability of carrying coal from Newcastle to London in the eighteenth century, Professor Hausman finds that average ship loads rose and technology improved during the period. He notes that this is consistent with Adam Smith's dictum that England's effort to monopolize the colonial carrying trade, through the Navigation Acts, would divert capital from domestic to colonial shipping, thereby raising rates of return in the former and lowering them in the latter.

Suggested Citation

  • Hausman, William J., 1977. "Size and Profitability of English Colliers in the Eighteenth Century," Business History Review, Cambridge University Press, vol. 51(4), pages 460-473, December.
    • Handle: RePEc:cup:buhirw:v:51:y:1977:i:04:p:460-473_03
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    Cited by:

    1. Peter M. Solar & Oliver Buxton Dunn & Aidan Kane, 2024. "Shipping in the London coal trade, 1700‒1860," Economic History Review, Economic History Society, vol. 77(3), pages 1005-1034, August.
    2. Dan Bogart & Oliver Dunn & Eduard J. Alvarez‐Palau & Leigh Shaw‐Taylor, 2021. "Speedier delivery: coastal shipping times and speeds during the Age of Sail," Economic History Review, Economic History Society, vol. 74(1), pages 87-114, February.
    3. Dan Bogart & Oliver Buxton Dunn & Eduard J. Alvarez‐Palau & Leigh Shaw‐Taylor, 2022. "Organizations and efficiency in public services: The case of English lighthouses revisited," Economic Inquiry, Western Economic Association International, vol. 60(2), pages 975-994, April.

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