Journal Article

The speed of ships and shipping productivity in the age of sail

Klas Rönnbäck

in European Review of Economic History

Volume 16, issue 4, pages 469-489
Published in print November 2012 | ISSN: 1361-4916
Published online September 2012 | e-ISSN: 1474-0044 | DOI: http://dx.doi.org/10.1093/ereh/hes013
The speed of ships and shipping productivity in the age of sail

More Like This

Show all results sharing these subjects:

  • Industrial History
  • Labour History
  • Economic History

GO

Show Summary Details

Preview

A sample of vessels from the transatlantic slave trade is used as source for a quantitative analysis of the transit speed of ocean-going ships during the early modern period. In contrast to influential previous studies, the results show that the speed of ships in my sample increased significantly during this period, potentially contributing to increasing productivity of ocean shipping. The pattern is homogeneous geographically. This might have been one of the factors behind falling freight rates in the transatlantic trade, which in turn contributed to a process of market integration already during the early modern period.

Journal Article.  9218 words.  Illustrated.

Subjects: Industrial History ; Labour History ; Economic History

Full text: subscription required

How to subscribe Recommend to my Librarian

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.