Town Planning Review

The political economy of Coase's lighthouse in history (Part II): Lighthouse development along the coast of China

Town Planning Review (2008), 79, (5), 555–580.

Abstract

As a sequel to a critical discussion of the debate on the question of public goods in connection with Coase's historical analysis of the lighthouses in Britain (published in TPR 79.4), this case study concerns the provision of a Chinese lighthouse, Gap Rock Light, by a British Crown Colony, Hong Kong. The study is informed by the precise meanings of key economic concepts of public goods and a free market, the reality of levying light dues on the basis of tonnage, and the changing nature of the lighthouse due to technological advances in shipping.

Access Token
£25.00
READ THIS ARTICLE
If you have private access to this content, please log in with your username and password here

BANHAM, T. (2005), Not the Slightest Chance: the Defence of Hong Kong, 1941, Hong Kong, Hong Kong University Press. Not the Slightest Chance: the Defence of Hong Kong, 1941 Google Scholar

BANISTER, R. (1932), The Coastwise Lights of China: An Illustrated Account of the Chinese Maritime Customs Lights Service, Shanghai, Inspectorate General of Customs, Statistical Department. The Coastwise Lights of China: An Illustrated Account of the Chinese Maritime Customs Lights Service Google Scholar

BARNETT II, W. and BLOCK, W. (2007a), 'Coase and Van Zandt on lighthouses', Public Finance Review, 35, 710–33. Coase and Van Zandt on lighthouses Public Finance Review 35 710 33 Google Scholar

 Google Scholar

BATHURST, B. (2005), The Wreckers, London, Harper. The Wreckers Google Scholar

BERTRAND, E. (2006), 'The Coasean analysis of lighthouse financing: myths and realities', Cambridge Journal of Economics, 30, 89–402. The Coasean analysis of lighthouse financing: myths and realities Cambridge Journal of Economics 30 89 402 Google Scholar

CERIN, P. (2006), 'Bringing economic opportunity into line with environmental influence: a discussion on the Coase Theorem and the Porter and Van Der Linde Hypothesis', Ecological Economics, 56, 209–25. Bringing economic opportunity into line with environmental influence: a discussion on the Coase Theorem and the Porter and Van Der Linde Hypothesis Ecological Economics 56 209 25 Google Scholar

COASE, R. H. (1946), 'The marginal cost controversy', Economica, 13, 226–31. The marginal cost controversy Economica 13 226 31 Google Scholar

COASE, R. H. (1974), 'The lighthouse in economics', Journal of Law and Economics, 17, 357–76. The lighthouse in economics Journal of Law and Economics 17 357 76 Google Scholar

COATES, A. (1980), Whampoa: Ships on the Shore, Hong Kong, South China Morning Post. Whampoa: Ships on the Shore Google Scholar

DUPUIT, J. (1952) 'On the measurement of utility of public works', Annales des Ponts et Chaussees, 2nd series. Published in English in 1952, International Economic Papers, 2, 83–110. 'On the measurement of utility of public works', Annales des Ponts et Chaussees, 2nd series. Published in English in 1952 International Economic Papers 2 83 110 Google Scholar

ENDACOTT, G. B. (1973), A History of Hong Kong, 2nd edn, Hong Kong, Oxford University Press. A History of Hong Kong Google Scholar

GOLDIN, K. (1977), 'Equal access versus selective access: a critique of public goods theory', Public Choice, 29, 53–72. Equal access versus selective access: a critique of public goods theory Public Choice 29 53 72 Google Scholar

HA, L. and WATERS, D. (2001), 'Lighthouses and the men who manned them', Journal of the Hong Kong Branch of the Royal Asiatic Society, 41, 281–320. Lighthouses and the men who manned them Journal of the Hong Kong Branch of the Royal Asiatic Society 41 281 320 Google Scholar

HART-DAVIS, A. and TROSCIANKO, E. (2002), Henry Winstanley and the Eddystone Lighthouse, Stroud, Sutton Publishing. Henry Winstanley and the Eddystone Lighthouse Google Scholar

KIRBY, S. W. (with C. T. Addis, J. F. Meiklejohn, G. T. Wards and N. L. Desoer) (1957), The War Against Japan, Vol. 1, The Loss of Singapore, History of the Second World War, United Kingdom Military Series, London, HMSO (Reprint Uckfield, Naval & Military Press, 2004). Google Scholar

KLEIN, P. (2006), 'Was Coase right about the light house?' http://organizationsandmarkets. com/2006/10/24/was-coase-right-about-the-lighthouse/#more-415 Google Scholar

KOPLIN, H. T. (1971), Microeconomic Analysis: Welfare and Efficiency in Private and Public Sectors, New York, Harper and Row. Microeconomic Analysis: Welfare and Efficiency in Private and Public Sectors Google Scholar

LAI, L. W. C., DAVIES, S. N. G. and LORNE, F. T. (2008), 'The political economy of Coase's lighthouse in history (Part I): a review of the theories and models of the provision of a public good', Town Planning Review, 79, 395–425. The political economy of Coase's lighthouse in history (Part I): a review of the theories and models of the provision of a public good Town Planning Review 79 395 425 Google Scholar

 Google Scholar

MARITIME SAFETY ADMINISTRATION OF THE PEOPLE'S REPUBLIC OF CHINA (2006), Lighthouses of China, Beijing, China Communications Press. Google Scholar

MILL, J. S. (1965), Principles of Political Economy: With Some of their Applications to Social Philosophy, Books III–V and Appendices, Toronto, University of Toronto Press. Principles of Political Economy: With Some of their Applications to Social Philosophy Google Scholar

PIGOU, A. C. (1932), The Economics of Welfare, London, Macmillan. The Economics of Welfare Google Scholar

SAMUELSON, P. A. (1964), Economics: An Introductory Analysis, New York, McGraw Hill. Economics: An Introductory Analysis Google Scholar

SAYER, G. F. (1975), Hong Kong 1862–1919, Hong Kong, Hong Kong University Press. Google Scholar

SIDGWICK, H. (1901), The Principles of Political Economy, London, MacMillan. The Principles of Political Economy Google Scholar

TAYLOR, J. (2001), 'Private property, public interest, and the role of the state in nineteenthcentury Britain: the case of the lighthouses', Historical Journal, 44, 749–71. Private property, public interest, and the role of the state in nineteenthcentury Britain: the case of the lighthouses Historical Journal 44 749 71 Google Scholar

TONG, J. L. (1992), Statistics on Revenue and Distribution of Imperial Chinese Maritime Customs, Beijing, Chung Hwa Book Co. Statistics on Revenue and Distribution of Imperial Chinese Maritime Customs Google Scholar

VAN ZANDT, D. E. (1993), 'The lessons of the lighthouse: "government" or "private" provision of goods', The Journal of Legal Studies, 22, 47–72. The lessons of the lighthouse: "government" or "private" provision of goods The Journal of Legal Studies 22 47 72 Google Scholar

WALLACE, W. J. (2004), Lighthouses in China. Proceedings for Ocean Sciences Bridging the Millennia – A Spectrum of Historical Accounts, pp. 341–45 http://ioc.unesco.org/icho/ article/Wallace(lighthouses).pdf Google Scholar

WRIGHT, S. F. (1936), The Origin and Development of the Chinese Customs Service, 1843–1911: An Historical Outline. Shanghai. Google Scholar

If you have private access to this content, please log in with your username and password here

Details

Author details

Lai, Lawrence

Davies, Stephen

Lorne, Frank