a paper by Stephan Heblich, Stephen J. Redding and Daniel M. Sturm published in CentrePiece Volume 24 Issue 1 (Spring 2019)
Paper No CEPCP548:
Over the last two centuries, transport innovations have drastically changed urban landscapes. Stephan Heblich, Stephen Redding and Daniel Sturm examine how the introduction of steam railways shaped the emerging metropolitan area of London.
Much of the aggregate growth of Greater London can be explained by the new transport technology of the railway
Full text (PDF 4pp) with some amazing illustrations and access to a much longer paper by these authors.
Showing posts with label railways. Show all posts
Showing posts with label railways. Show all posts
Thursday, 21 March 2019
Tuesday, 10 April 2018
Private benefits, public vices: Railways and logrolling in the 19th century British Parliament
a column by Rui Esteves and Gabriel Geisler Mesevage for VOX: CEPR’s Policy Portal
The social costs of corruption in government have made policies to reduce it a priority. This column uses the example of the expansion of the British rail network in the 1840s to show that conflict-of-interest rules and transparency requirements are insufficient to prevent corruption. Faced with a major administrative reform to insulate the provision of public infrastructure from private interests, MPs traded votes to ensure their interests prevailed.
Continue reading
The social costs of corruption in government have made policies to reduce it a priority. This column uses the example of the expansion of the British rail network in the 1840s to show that conflict-of-interest rules and transparency requirements are insufficient to prevent corruption. Faced with a major administrative reform to insulate the provision of public infrastructure from private interests, MPs traded votes to ensure their interests prevailed.
Continue reading
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