External economies of scale in the Lancashire cotton industry, 1900–1950

This article provides three types of evidence for external economies of scale in the Lancashire cotton industry. Anglo‐American productivity differences are used to demon‐strate external economies at the industry level. Econometric evidence of dynamic (Marshall‐Arrow‐Romer) external economies of localization in spinning and weaving is provided using individual earnings data. A case study of a merchant firm demonstrates the build‐up of dynamic (Jacobs) externalities of urbanization. It is argued that the persistence of a large merchant community generating external economies of scale helped to delay Britain's loss of comparative advantage to low wage producers.     

OPPORTUNITY OR CHALLENGE? AUSTRALIA AND EUROPEAN INTEGRATION, 1950–57

This paper examines Australia's approach to Western European integration in the 1950s. While superficially supportive of steps towards greater Western European cooperation, the Menzies government had an ambivalent attitude towards the integration process. Ministers and officials in Canberra recognised the importance of a strong and prosperous Western Europe, but the formation of a tightly knit Continental grouping also posed a number of major challenges to the makers of post‐war Australian foreign policy. The Menzies government soon began to wonder whether attempts to create supranational bodies in Continental Europe accorded with Australian political, economic, and security interests.     

The Economic Benefits of the Biological Control of Rabbits in Australia, 1950–2011

Wild European rabbits are serious agricultural and environmental pests in Australia; myxoma virus and rabbit haemorrhagic disease virus have been used as biocontrol agents to reduce impacts. We review the literature on changes in rabbit numbers together with associated reports on the economic benefits from controlling rabbits on agricultural production. By using loss–expenditure frontier models in with and without biocontrol scenarios, it is conservatively estimated that biological control of rabbits produced a benefit of A$70 billion (2011 A$ terms) for agricultural industries over the last 60 years. The consequences for ongoing rabbit control and research investment are discussed.     

A STUDY OF THE LIVING CONDITIONS OF FARMERS IN TAIWAN, 1931–1950

A quantitative analysis is made herein of the Taiwanese farmhousehold economy in 1931, 1937, 1941, and 1950. The results reveal (1) farm expenditure and income for all types of farmers in 1950 were less than in 1931, the only year for which comparable figures are available; (2) in 1950 both the consumption expenses for most farmers and Engel's Coefficient for all types of farmers showed inferior conditions for that year as compared to the earlier periods; (3) secondary living expenses in 1950 only amounted to two-thirds of those in the previous periods; (4) the poor situation in 1950 was caused by the decline of the rice price ratio and of cultivated area, which combined to offset the benefits derived from rent reduction for tenants, and (5) food expenses for all the periods, however, maintained a per capita annual level of 48–49 yen at the 1937 value.     

Inequality and living standards under early communism: Anthropometric evidence from Czechoslovakia, 1946–1966

A sample of adolescent heights and weights from the Czechoslovak city of Liberec is analyzed to shed light on the changes in biological standard of living between 1946 and 1966, the early years of Communist rule in Czechoslovakia. The long-term trend in average height was upwards for all social groups but differences in stature between social groups were about as large as in Communist Czechoslovakia as in market economies, such as the UK. Sons of blue-collar fathers and of parents employed in agriculture were generally shorter than sons of clerks and professional employees (teachers, doctors, lawyers). The anthropometric record also suggests that in the immediately post-war years inequality was greater than in the late 1950s and early 1960s.     

Vampires to Skyhawks: Military Aircraft and Frigate Purchases by New Zealand, 1950–70

New Zealand’s relations with its main weapons suppliers, Britain and the United States of America, are analysed in this article. Until the 1960s, New Zealand’s armed services relied almost exclusively on British hardware. The Royal New Zealand Air Force and the army were converted to American equipment in the 1960s and early 1970s, but the Royal New Zealand Navy continued to purchase frigates from British yards. This article examines the interplay of financial, political, and operational considerations affecting major procurement decisions, like the acquisition of Skyhawk aircraft in the 1960s. Although the focus is policy, consideration is also given to relations between the New Zealand government and private defence contractors. New Zealand’s revealed objective was to maintain, at minimum possible cost, a force capable of taking part in joint operations with its principal allies.     

The market for American state government bonds in Britain and the United States, 1830–431

In the 1830s the British and American economies were hit by a series of shared macroeconomic shocks. This paper investigates the role of markets for America's State bonds in Britain and the USA during and between the crises in 1837, 1839, and 1842.There is strong evidence that the crises in 1839 and 1842 originated in the USA and spread to Britain. There is also strong evidence that credit markets for American state bonds were tighter in the USA than in London between 1839 and 1842. The idea that the depression that began in 1839 in the USA was triggered by credit conditions in Britain and transmitted via the market for state credit, finds no support here.