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Titlebook: Railways and the Economic Development of Western Europe, 1830-1914; Patrick O’Brien (Lecturer in Economic History and Book 1983 Palgrave

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楼主: Wilder
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Germany, German economy gained momentum for an unprecedented rate of growth. Thus according to Hoffmann’s figures, between 1850 and 1913 net domestic product grew at an average yearly rate of 2.6 per cent; from 1850 to 1871 it was somewhat lower but still well above 2 per cent. The per capita figures were a
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Spain,twork were excessive and may have exceeded its long-term benefits (1). This view is based on the postulated negative effects of the General Railway Law of 1855 which offered incentives to investors in order to attract foreign capital into railways. According to Tortella, the 1855 law diverted scarce
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Belgium,of national independence cut the important link of communication from Anvers to Prussia via the mouth of the Rhine and presented the need for a quick and national solution to the transport problems of the new state.
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,Transport and Economic Development in Europe, 1789–1914,e production tended to occur within integrated forms of enterprise geographically concentrated in well defined regions. But over the nineteenth century the co-ordination of production came to be achieved through organised commodity and input markets serviced by extended and increasingly efficient transport and distribution networks.
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Spain,acks from railway construction to the domestic iron industry were limited. This fact led Nadal to argue that the state policy missed ‘a great opportunity’ of promoting the growth of Spanish metallurgy (3).
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Britain,l indivisibilities and high capital output ratios. Hirschman suggests that a wide notion of SOC is defined by only the first three characteristics and that the addition of the fourth gives a ‘narrow’ concept, focusing attention on transport facilities and power generation and away from expenditures on things like health and education.
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