Professor James Foreman-Peck

Teaching profile

• Applied Macroeconomics and Finance BS3570;
• British Economy BS2547;
• Business History BS3548;
• Economics of Public Policy BST166;
• Issues in Public Policy BST 274

Research interests

• economic growth — especially the contribution of human capital and technology
• entrepreneurship
• fiscal devolution
• urban and regional economic policy

Selected publications

Books

European Industrial Policy: The Twentieth Century Experience (ed with G Federico) Oxford University Press, 1999

Historical Foundations of Globalization (ed) Edward Elgar, 1998.

The British Motor Industry (with S Bowden and A McKinlay) Manchester University Press, 1995

Smith & Nephew in the Health Care Industry 1856-1993 Edward Elgar, 1995.

Private and Public Ownership of British Industry in Britain 1820-1990 (with R Millward) Clarendon Press, 1994.

New Perspectives on the Late Victorian Economy; Essays in Quantitative Economic History (Introduction and Ch 3) (ed.) Cambridge University Press, 1991

European Telecommunications Organisation (ed. with J Mueller) (Coauthor of introductory chapter, and of chapters on Italy, Spain, Norway and the United Kingdom) Nomos 1988

A History of the World Economy; International Economic Relations since 1850 Harvester, Barnes and Noble, Pearson 1983, 1994. Spanish ed. Ariel S A, 1985, 1995. Italian ed. Il Mulino, 1998

Refereed Articles

Foreman-Peck, James and Hannah, Leslie 2013. Some Consequences of the Early Twentieth Century Divorce of Ownership from Control. Business History 55 10.1080/007679.2012.741970  

Foreman-Peck, James S. 2012. Effectiveness and Efficiency of SME Innovation Policy. Small Business Economics 39 10.1007/s11187-012-9426-z

Foreman-Peck, James S. and Nicholls, Tom 2012. SME Takeovers as a Contributor to Regional Productivity Gaps. Small Business Economics 10.1007/s11187-012-9444-x

Foreman-Peck, James S. and Hannah, Leslie 2011. Extreme divorce: the managerial revolution in UK companies before 1914. Economic History Review 10.1111/j.1468-0289.2011.00637.x

Foreman-Peck, James S. and Zhou, Peng 2011. The strength and persistence of entrepreneurial cultures. Journal of Evolutionary Economics 10.1007/s00191-011-0239-z

'The Western European Marriage Pattern and Economic Development', Explorations in Economic History (2011) 48, 292-309.

'Gratuitous Violence and the Rational Offender Model' International Review of Law and Economics(2010) 30, 160–172 (with S C Moore).

'The Mincer Human Capital Model in Pakistan: Implications for Education Policy' South Asia Economic Journal (2008) Vol 9, 2 , 435-462 (with Q Abbas)

"Human Capital and Economic Growth: Pakistan 1960-2003," (with Q Abbas) The Lahore Journal of Economics, (2008 )Vol. 13, No.1, Pp:1-27.

'European Historical Economics and Globalisation' The Journal of Philosophical Economics Volume I Issue 1 (Autumn 2007) pp22-52 Print ISSN: 1843-2298

'Fiscal Devolution and Dependency' Applied Economics DOI: 0.1080/00036840601019182 3 November (2007) (with L Lungu)

'Trade Wars and the Slump' European Review of Economic History. 11 1 73-98 (2007) (with A Hughes Hallett and Y Ma)

Industrial Policy in Europe over the Last Century' EIB Papers 11 I 36-63 (2006) http://www.eib.org/infocentre/publications/eibpapers-2006-v11-n01.htm

'Growth and Profitability of Small and Medium Enterprises: Some Welsh Evidence' Regional Studies, 40 4, 307–319, June (2006) (with G Makepeace and B Morgan)

'Should Schools be Smaller? The Size-Performance Relationship for Welsh Schools' Economics of Education Review 25, 2, 157-71 April (2006) (with L Foreman-Peck)

'Lessons from Italian Monetary Unification' Oesterreichische Nationalbank Working Paper 113 January (2006) http://www.oenb.at/en/presse_pub/research/020_workingpapers/wp2006/worki...

'Business and Social Mobility into the British Elite 1870-1914' Journal of European Economic History 55 3 (2004) 485-518 (with J Smith)

'Spontaneous Disorder? A Very Short History of British Vocational Education and Training, 1563-1973' Policy Futures in Education 2 1 (2004) 72-101

'The Post-War Productivity Failure: Insights from Oxford (Cowley)" Business History (2001) 43 3 July 54-78 (with S Bowden)

'Entrepreneurship and Convergence: Greek Businessmen in the Nineteenth Century' Rivista di Storia Economica 16/3 December (2000) 279-303 (with I Minoglou)

"A Monthly Econometric Model of the Transmission of the Great Depression between the Principal Industrial Economies" Economic Modelling. ( 2000), 17/4 December pp 515-544. (with A Hughes Hallett and Y Ma)

"Entrepreneurs and Business Performance in Nineteenth Century France" European Review of Economic History, Dec (1998) (with E Boccaletti and T Nicholas)

"Monetary Integration's Past History" Oxford International Review, 8 (1997) 18-24.

"Variable Costs and the Visible Hand: The Reregulation of Electricity Supply 1932-37" Economica, 64 (1997) 15-30 (with C J Hammond).

"Optimum International Policies for the World Depression 1929-1933" Economies et Sociétés, Serie A F, 22: 4/5 (1996) 219-242 (with A Hughes Hallett and Y Ma).

"A Model of Later Nineteenth Century European Economic Development" Revista de Historia Economica, 13: 3 (1995) 441-471.

"The Political Economy of International Migration 1815-1914" Manchester School, 60 (1992) 359-376.

"The Transmission of the Great Depression in the United States, Britain, France and Germany" European Economic Review, 36 (1992) 685-694 (with A Hughes Hallett and Y Ma). Reprinted in M Thomas (ed) The Disintegration of The World Economy, Edward Elgar (1996).

"The Development and Diffusion of Telephone Technology in Britain 1900-1940" Transactions of the Newcomen Society, 63 (1991-2) 165-179.

"Competition, Cooperation and Nationalisation in the Nineteenth Century Telegraph System" Business History, July (1989) 81-102. Awarded Frank Cass Business History Prize. Reprinted in C Harvey (ed) Business History: Concepts and Measurement, Cass (1989).

"Convergence Theory and the Development of the British and Japanese Steel Industries 1960-1988" Japan Forum, 1 (1989) 29-41(with H Hasegawa).

"The Privatization of Industry in Historical Perspective" Journal of Law and Society, 16 (1989). Reprinted in Thatcher's Law eds. A Gamble and C Wells University of Wales Press 1989).

"L'Etat et le Developpement du Reseau de Telecommunications en Europe a ses Debuts" Histoire, Economie, Société, 3 (1989) 383-402.

"Foreign Investment and Imperial Exploitation: Balance of Payments Reconstruction for Nineteenth-Century Britain and India " Economic History Review, XLII:3 (1989) 354-374.

"How well is BT Performing? An International Comparison of Total Factor Productivity" Fiscal Studies, Aug (1988) 54-67 (with D Manning).

"Natural Monopoly and Railway Policy in the Nineteenth Century" Oxford Economic Papers, Dec (1987) 699-718. Reprinted in N F R Crafts, N Dimsdale and S Engerman eds Quantitative Economic History Oxford University Press 1991

"Natural Monopoly and Telecommunications" Economic Review, 4:1 (1986) 36-39.

"Liberalisation as an Industrial Policy: The Case of Telecommunications Manufacturing" National Westminster Bank Review, Nov (1986) 20-33 (with D Manning).

"Seedcorn or Chaff? New Firms and Industrial Performance in the Interwar Economy" Economic History Review, 38: August (1985) 402-422.

"The Comparative Efficiency of Public and Private Enterprise in Britain: Electricity Generation between the World Wars" Economic Journal, Supplement March (1985) 83-95 (with M Waterson).

"Competition and Performance in the British Telecommunications Industry" Telecommunications Policy, 9 (1985) 215-218.

"The Registry of Business Names as a Source for the Study of New Firm Formation and of Economic history" RAD Occasional Paper, 8: Jan (1984) 53-67 (Civil Service College).

"A Model of Local Authority Fiscal behaviour: A Reply" Public Finance, 38:2 (1983) 77-87 (with K Cuthbertson and P Gripaios).

"Diversification and the Growth of the Firm: The Rover Company to 1914" Business History 25: 2 (1983) 179-192.

"The American Challenge of the Twenties: U S Multinationals and the European Motor Industry" Journal of Economic History, 42 (1982) 865-881.

"The Appraisal of Sales of Local Authority Rented Accomodation" Urban Studies, 19 (1982) 79-82

"The Effects of Local Authority Fiscal Decisions on Population Levels in Urban Areas" Regional Studies 16 (1982) 165-170 (with K Cuthbertson and P Gripaios)

"A Model of Local Authority Fiscal Behaviour" Public Finance, 36 (1981) 229-243 (with K Cuthbertson and P Gripaios)

"Exit, Voice and Loyalty as Responses to Decline: The Rover Company in the Interwar Years" Business History, 23 (1981) 191-207.

"The Effect of Market Failure on the British Motor Industry before 1939" Explorations in Economic History, 18 (1981) 257-289.

"Industrial Policy for a Market Economy in Recession" Business Economist, 12: 2 (1981) 5-18 (with M Waterson).

"The British Tariff and Industrial Protection in the 1930s: An Alternative Model" Economic History Review, 34 (1981) 132-9.

"Local Authorities and the Local Economy" Political Quarterly, 50 (1979) 234-240 (with K Cuthbertson and P Gripaios).

"Local Authority Fiscal policy and Urban Employment" Applied Economics, 11 (1979) 377-387 (with K Cuthbertson and P Gripaios).

"Tariff Protection and Economies of Scale: The British Motor Industry before 1939" Oxford Economic Papers, 31 (1979) 237-257. Reprinted in C H Feinstein (ed) The Economic Development of the United Kingdom since 1870 Edward Elgar (1997).

"Inner City Problems and Inner City Policies" Regional Studies, 11 (1977) (with P Gripaios)

Chapters in Books and Other Publications

'Business Cycles and Economic Policy, 1945-2007' (with S Battilossi and G Kling) in S Broadberyy and K H O'Rourke eds. Cambridge Economic History of Modern Europe vol 2: 1870 to the Present, , Cambridge University Press (2010)

'Entrepreneurial Culture or Institutions? A Twentieth Century Resolution' (with Peng Zhou) in J Garcia-Ruiz and P Antinonelli eds The Determinants of Entrepreneurship: Leadership, Culture, Institutions, Pickering and Chatto (2010)

'Costing Babel the Contribution of Language Skills to Exporting and Productivity.' Quarterly Economic Bulletin, Julian Hodge Institute of Applied Macroeconomics, January (2008)

"Technological Mutations and Henry Ford" in the electronic book project, "From Analogue to Digital Fordism," Virginia Tech's electronic point-of-publication, The Center for Digital Discourse and Culture. (2007) http://www2.cddc.vt.edu/digitalfordism/fordism_materials/Peck.pdf

'A Model of Later Nineteenth Century European Economic Development' in -P Dormois and P Lains eds Classical Trade Protectionism 1815-1914, Routledge (2006)

'Public Services and Private Finance' Quarterly Economic Bulletin, Julian Hodge Institute of Applied Macroeconomics March (2006)

'Measuring Historical Entrepreneurship' in Y Cassis and I Pepelasis Minoglou eds Entrepreneurship in Theory and History Palgrave Macmillan NY (2005)

'Storbritannien och euro: Politik mot ekonomi i ett langsiktigt perspektiv' in J Ljungberg ed. Eurons Pris: Europeiska Forskare om Euro, Agora, Stockholm (2003) English version 'The UK and the Euro: Politics versus Economics in a Long-run Perspective' in J Lundberg ed The Price of the Euro Palgrave Macmillan (2004)

"The Russian Transition Through the Historical Looking Glass: Gradual Versus Abrupt De-Control of Economic Systems" (with C M Davis) in P David, M Thomas and P Solar eds Economic Challenges of the 21st Century in Historical Perspective Oxford University Press/ British Academy (2003)

"French and British Businessmen in the Nineteenth Century" (with E Boccaletti) in P Chassaigne and M Dockrill eds Anglo-French Relations 1898-1998: From Fashoda to Jospin, Palgrave (French edition published by Presses de la Maison des Sciences de l'Homme d'Aquitaine) (2002)

"The Path Dependence of Technological Trajectories-The Battery Electric Vehicle" In L Tissot and P Veyrassat eds Technological Trajectories- Markets -Institutions, Carl Peters, Zurich (2001)

"Challenges to the Economic System in the Twentieth Century" in P Hudson ed Living Economic and Social History , Economic History Society , Glasgow (2001)

"Was the Electric Car 'Locked Out'?" in R Cowan and S Hulten eds Electric Vehicles: Socio-economic Prospects and Technological Challenges, Ashgate (2000)

"European Economic Development; the Core and the Southern Periphery 1870-1910" (with P Lains) in S Pamuk and J G Williamson eds The Mediterranean Response to Globalization, Routledge (2000) (Portuguese version in Analise Social (forthcoming))

"The Emergence and Growth of International Organizations" in P J J Welfens ed Economic Globalization and International Organizations, EIIW Potsdam (1999)

"The Zenith of European Power 1870-1918" in D H Aldcroft and A Sutcliffe eds Europe in the International Economy 1500 to 2000, Elgar Cheltenham (1999)

"The Balance of Technological Transfers 1870-1914" in J-P Dormois and M I Dintenfass (eds) British Industrial Decline, Routledge (1998)

"The End of Free Trade; Protection and the Exchange Rate Regime", in A Marrison (ed) Free Trade and Its Reception , 1815-1960, Routledge (1998) (with A Hughes Hallett and Y Ma).

"European Industrial Policy and Deindustrialisation; A Historical Perspective" in Clara Nunez (ed) (M Hau sesssion organiser ) De-industrialisation in Europe, 19th-20th Centuries B11 Proceedings, Twelfth International Economic History Congress, Madrid , Fundacion Fomento de la Historia Economica , Sevilla (1998)

"Accounting in the Industrialization of Western Europe", in P Walton (ed) European Financial Reporting: A History, Academic Press (1996) 2.

"L'Europa conquista il mondo e il mondo conquista l'Europa"in P Bairoch and E J Hobsbawm eds Storia D'Europa. L'Etá Contemporanea: secoli XIX-XX, Giulio Einaudi Editore Torino, V (1996).

"European Monetary Union in the Great Depression; a Counterfactual", in D Currie and J D Whitley (eds) E.M.U. after Maastricht: Transition or Revaluation?, Lothian Foundation Press (1995) (with A Hughes Hallett and Y Ma).

"Foreign Trade and Economic Growth", in D H Aldcroft and S P Ville (eds) The European Economy 1750-1914, A Thematic Approach, Manchester University Press (1994).

"Tariff Policy During the Great Depression", in Peter H Lindert, John V Nye and Jean-Michel Chevet (eds) Political Economy of Protectionism and Commerce, Eighteenth-Twentieth Centuries. B7 Proceedings, Eleventh International Economic History Congress, Milan September 1994, Universita Bocconi, Milano (1994) (with Andrew Hughes Hallett and Yue Ma)

"Industry and Industrial Organization in the Interwar Years", in R Floud and D N McCloskey (eds) The Economic History of Britain Since 1700, Cambridge University Press (19942) II.

"Insiders and Outsiders: the Political Economy of International Migration in the Nineteenth and Twentieth Centuries", in C Strikwerda and C Guerin-Gonzales (eds) The Politics of Immigrant Workers, University of Illinois Press (1993).

"The Efficiency Effects of Privatisation and Liberalisation: The Telecommunications Industry Under State and Private Ownership" University of Oxford Applied Economics Discussion Paper, 124 (1991)

"International Technology Transfer in Telephony 1876-1914", in D J Jeremy (ed) International Diffusion of Technology in Historical Perspective: Western Industrial Nations before 1914, Edward Elgar (1991).

"The International Gold Standard as a European Monetary Lesson", in J Driffil and M Beber (eds) A Currency for Europe, Lothian Foundation Press (1991).

"Demand for Money in Four Countries in the Interwar Years: A Study Using Monthly Data", in M P Taylor (ed) Money and Financial Markets, Blackwell (1991)(with A Hughes Hallett and J Slow).

"Foreign Trade and the Balance of Payments", in NFR Crafts and N Woodward (eds) An Economic History of Britain Since 1945, Oxford University Press (1991). Chapters 4 and 6 in S Pollard (ed.) Wealth and Poverty, Equinox (1990).

"The 1856 Companies Act and the Birth and Death of Firms", in P Jobert and M Moss (eds) The Birth and Death of Companies, Parthenon (1990).

"The Restructuring of the European Central Office Switching Market" Communications Policy Research Conference Proceedings (ed) N. Garnham (1988).

"Natural Monopoly and the British Telecommunications Network" Communications Policy Research Conference Proceedings, (ed) N. Garnham (1988).

"Changing National Responses to Motor Accidents", in T C Barker (ed.) The Economic and Social Effects of Motor Vehicles, Macmillan (1986) 264-290.

"John Kemp Starley 1854-1901" and "Spencer Bernau Wilks 1891-1971", in D Jeremy (ed) Dictionary of Business Biography (1986) 281-5, 805-8.

"The Performance of the Late Nineteenth Century International Gold Standard", in H Kellenbenz, E Schmitt and J Schneider (eds) Beitrage zur Wirtschafts und Sozialgeschichte, Franz Steiner Verlag, Wiesbaden (1986) 383-412 (with R Michie).

"Intra-firm Trade in the International Motor Vehicle Industry", in M Casson (ed) Multinational Companies and World Trade, Allen and Unwin (1985) 141-175.

"Multinational Companies and the International Transfer of Technology in the Motor Industry to 1939", in L Jorberg and N Rosenberg (eds) Technical Change: Employment and Investment, Lund University Sweden, for the 8th International Economic History Conference, Budapest (1982) 95-110.