What determined the location of industry in Belgium, 1897-1961?

Belgium was one of the first continental countries to undergo the industrialization process during the 19th century. Along with the growing manufacturing base came the development of an extensive transportation infrastructure. As a result, the Belgian internal market became fully integrated towards the beginning of the 20th century, making the country a perfect case study to examine the driving forces behind the shifting industrial pattern and location decisions of industries. More specifically, it allows us to test the theoretical predictions of the Heckscher-Ohlin model, which emphasizes the... Mehr ...