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Uneven Regional Development in Interwar Britain

Published online by Cambridge University Press:  03 March 2009

Carol E. Heim
Affiliation:
University of Massachusetts-Amherst

Extract

This study examines Great Britain's adaptation in the 1920s and 1930s to the decline in the market for its nineteenth-century exports: cotton textiles, ships, iron and steel products, and coal. Continued growth in a mature economy depends at certain points upon structural change, in this case a movement from declining to expanding industries. At such times, I contend, the developing sector tends to grow independently, rather than through transformation of existing productive structures. Growth does not occur primarily through a reallocation of capital and labor from declining to expanding industries and regions.

Type
Summaries of Doctoral Dissertations
Copyright
Copyright © The Economic History Association 1983

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References

1 This dissertation was completed at Yale University under the direction of William N. Parker and David P. Levine.