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Shipping, Maritime Trade and the Economic Development of Colonial North America - James F. Shepherd

Shipping, Maritime Trade and the Economic Development of Colonial North America

Paperback Published: 27th October 2011
ISBN: 9780521169424
Number Of Pages: 266

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Originally published in 1972, this study is of the North American colonial economy from the middle of the seventeenth century to the American Revolution, with emphasis on the later years. The authors use quantitative analysis to prove that productivity was increasing not so much because of technological change, but rather because of improvements in market organization and reduced risks of business enterprise within markets. In the first part of the book the authors present a theoretical framework for examining the general aspects of long-term economic development in the colonies. In the second part they discuss shipping and overseas trade in detail. They examine costs of shipping and distribution; sources of productivity change; commodity trade with overseas markets; and finally a number of other influences on the colonial balance of frameworks. Several statistical appendices supporting the authors' argument follow the text.

Preface and acknowledgementsp. vii
Introductionp. 1
Colonial economic development: a suggested frameworkp. 6
Colonial economic development and trade: an overviewp. 27
Colonial trade, distribution costs, and productivity change in shippingp. 49
Sources of productivity change in shipping and distributionp. 73
Overseas commodity trade, 1768-72p. 91
The balance of trade and invisible earnings in overseas trade, 1768-72p. 114
The balance of payments, 1768-72p. 137
Reinterpretations of issues in colonial historyp. 156
Data from the Naval Office Lists and estimates of trade with southern Europe and the West Indies for earlier years in the eighteenth centuryp. 167
Official values and real values of English exports to the coloniesp. 176
Quantitative data related to shippingp. 188
Commodity exports and imports, 1768-72p. 204
Utilization of shipping capacityp. 237
Foreign exchange earnings from the sale of ships to overseas buyersp. 241
Select bibliographyp. 246
Indexp. 253
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780521169424
ISBN-10: 0521169429
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 266
Published: 27th October 2011
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.9 x 15.2  x 1.5
Weight (kg): 0.4