IDEAS home Printed from https://ideas.repec.org/a/kap/netspa/v9y2009i3p309-338.html
   My bibliography  Save this article

Inter-Modal Network Externalities and Transport Development: Evidence from Roads, Canals, and Ports During the English Industrial Revolution

Author

Listed:
  • Dan Bogart

Abstract

How does the development of one transport mode influence the development of another? This paper uses time-series data to test whether inter-model network externalities influenced the development of road, canal, and port infrastructure in England from 1760 to 1830. The main finding is that road development had a positive effect on canal development. The results suggest that the option value of investing in a canal in the future diminished when nearby road improvements were initiated because there was less uncertainty about future profits from canal tolls. They also suggest a reinterpretation of road transport in the Industrial Revolution and point to the general importance of inter-modal network externalities.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Dan Bogart, 2009. "Inter-Modal Network Externalities and Transport Development: Evidence from Roads, Canals, and Ports During the English Industrial Revolution," Networks and Spatial Economics, Springer, vol. 9(3), pages 309-338, September.
    • Handle: RePEc:kap:netspa:v:9:y:2009:i:3:p:309-338
    DOI: 10.1007/s11067-008-9060-0
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11067-008-9060-0
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11067-008-9060-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Robert J. Barro & Xavier Sala-I-Martin, 1992. "Public Finance in Models of Economic Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(4), pages 645-661.
    2. Gregory Clark, 2001. "Farm Wages and Living Standards in the Industrial Revolution: England,1670–1869[This resea]," Economic History Review, Economic History Society, vol. 54(3), pages 477-505, August.
    3. Pindyck, Robert S, 1991. "Irreversibility, Uncertainty, and Investment," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1110-1148, September.
    4. N. F. R. Crafts & C. K. Harley, 1992. "Output growth and the British industrial revolution: a restatement of the Crafts-Harley view," Economic History Review, Economic History Society, vol. 45(4), pages 703-730, November.
    5. David M. Levinson, 2002. "Financing Transportation Networks," Books, Edward Elgar Publishing, number 2308.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dimitrios Tsiotas & Serafeim Polyzos, 2018. "The Complexity in the Study of Spatial Networks: an Epistemological Approach," Networks and Spatial Economics, Springer, vol. 18(1), pages 1-32, March.
    2. David Levinson, 2009. "Introduction to the Special Issue on the Evolution of Transportation Network Infrastructure," Networks and Spatial Economics, Springer, vol. 9(3), pages 289-290, September.
    3. Louis Grange & Felipe González & Ignacio Vargas & Rodrigo Troncoso, 2015. "A Logit Model With Endogenous Explanatory Variables and Network Externalities," Networks and Spatial Economics, Springer, vol. 15(1), pages 89-116, March.
    4. Ducruet, César, 2017. "Multilayer dynamics of complex spatial networks: The case of global maritime flows (1977–2008)," Journal of Transport Geography, Elsevier, vol. 60(C), pages 47-58.
    5. César Ducruet, 2013. "Network diversity and maritime flows," Post-Print halshs-00815731, HAL.
    6. Cai, Wenxue & Liang, Fenfen & Wan, Yanchun & Zhong, Huiling & Gu, Yimiao, 2021. "An innovative approach for constructing a shipping index based on dynamic weighted complex networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 578(C).
    7. Zhang, Hui & Cui, Houdun & Wang, Wei & Song, Wenbo, 2020. "Properties of Chinese railway network: Multilayer structures based on timetable data," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 560(C).
    8. Ducruet, César, 2013. "Network diversity and maritime flows," Journal of Transport Geography, Elsevier, vol. 30(C), pages 77-88.
    9. Theodore Tsekeris, 2011. "Public Expenditure Competition in the Transport Sector: Intermodal and Spatial Considerations for Greece," Environment and Planning A, , vol. 43(8), pages 1981-1998, August.
    10. César Ducruet & Laurent Beauguitte, 2014. "Spatial Science and Network Science: Review and Outcomes of a Complex Relationship," Networks and Spatial Economics, Springer, vol. 14(3), pages 297-316, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alex Trew, 2014. "Spatial Takeoff in the First Industrial Revolution," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 707-725, October.
    2. Williamson, Jeffrey G. & O'Rourke, Kevin, 2002. "From Malthus to Ohlin: Trade, Growth and Distribution Since 1500," CEPR Discussion Papers 3394, C.E.P.R. Discussion Papers.
    3. Gregory Clark, 2006. "What made Britannia great? Did the Industrial Revolution make Britain a World Power?," Working Papers 618, University of California, Davis, Department of Economics.
    4. Levine, Ross & Renelt, David, 1991. "Cross-country studies of growth and policy : methodological, conceptual, and statistical problems," Policy Research Working Paper Series 608, The World Bank.
    5. Alex Trew, 2014. "Spatial Takeoff in the First Industrial Revolution," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 707-725, October.
    6. Gregory Clark, 2010. "The macroeconomic aggregates for England, 1209–2008," Research in Economic History, in: Research in Economic History, pages 51-140, Emerald Group Publishing Limited.
    7. Sharp, Paul & Strulik, Holger & Weisdorf, Jacob, 2012. "The determinants of income in a Malthusian equilibrium," Journal of Development Economics, Elsevier, vol. 97(1), pages 112-117.
    8. Cooray, Arusha, 2011. "The role of the government in financial sector development," Economic Modelling, Elsevier, vol. 28(3), pages 928-938, May.
    9. Ingrid Ott & Stephen J. Turnovsky, 2006. "Excludable and Non‐excludable Public Inputs: Consequences for Economic Growth," Economica, London School of Economics and Political Science, vol. 73(292), pages 725-748, November.
    10. Vania Licio, 2023. "The Italian coal shortage: the price of import and distribution, 1861–1911," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 17(3), pages 501-532, September.
    11. Tan Wang & Tony S. Wirjanto, 2016. "Risk Aversion, Uncertainty, Unemployment Insurance Benefit and Duration of "Wait" Unemployment," Annals of Economics and Finance, Society for AEF, vol. 17(1), pages 1-34, May.
    12. Collan, Mikael, 2008. "New Method for Real Option Valuation Using Fuzzy Numbers," Working Papers 466, IAMSR, Åbo Akademi.
    13. Urrunaga, Roberto & Aparicio, Carlos, 2012. "Infrastructure and economic growth in Peru," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    14. Stephan Heblich & Stephen J Redding & Daniel M Sturm, 2020. "The Making of the Modern Metropolis: Evidence from London," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(4), pages 2059-2133.
    15. Pham T. T. Trinh & Bui T. T. My, 2023. "The impact of world oil price shocks on macroeconomic variables in Vietnam: the transmission through domestic oil price," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 37(1), pages 67-87, May.
    16. Frederick van der Ploeg & Steven Poelhekke, 2007. "Volatility, Financial Development and the Natural Resource Curse," Economics Working Papers ECO2007/36, European University Institute.
    17. Narain, Urvashi & Fisher, Anthony, 1998. "Irreversibility, Uncertainty, and Catastrophic Global Warming," CUDARE Working Papers 198662, University of California, Berkeley, Department of Agricultural and Resource Economics.
    18. Attanasi, Giuseppe Marco & Montesano, Aldo, 2010. "Testing Value vs Waiting Value in Environmental Decisions under Uncertainty," TSE Working Papers 10-154, Toulouse School of Economics (TSE).
    19. John P. Small & Henry Ergas, 1999. "The Rental Cost of Sunk and Regulated Capital," Econometrics Working Papers 9908, Department of Economics, University of Victoria.
    20. Gerard H. Kuper & Daan P. van Soest, 2006. "Does Oil Price Uncertainty Affect Energy Use?," The Energy Journal, , vol. 27(1), pages 55-78, January.

    More about this item

    Keywords

    Inter-modal network externalities; British transport; Industrial Revolution;
    All these keywords.

    JEL classification:

    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General
    • N73 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: Pre-1913

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:netspa:v:9:y:2009:i:3:p:309-338. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.