Railroads and American Economic Growth
Author | : Robert William Fogel |
Publisher | : |
Total Pages | : 0 |
Release | : 1994 |
Genre | : |
ISBN | : |
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Author | : Robert William Fogel |
Publisher | : |
Total Pages | : 0 |
Release | : 1994 |
Genre | : |
ISBN | : |
Author | : Robert William Fogel |
Publisher | : Johns Hopkins University Press |
Total Pages | : 296 |
Release | : 1970 |
Genre | : Producción |
ISBN | : |
Traces the story of nine different ethnic groups in American society, discussing their various reactions to the American experience, cultural and historical backgrounds, patterns of difficulty, and modes of success
Author | : Robert William Fogel |
Publisher | : Baltimore : Johns Hopkins Press |
Total Pages | : 334 |
Release | : 1964 |
Genre | : Railroads |
ISBN | : |
Author | : Albert Fishlow |
Publisher | : |
Total Pages | : 482 |
Release | : 1966 |
Genre | : Business & Economics |
ISBN | : |
Awarded the David A. Wells Prize 1963-64.
Author | : Dave Donaldson |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
Genre | : Economics |
ISBN | : |
This paper examines the historical impact of railroads on the American economy. Expansion of the railroad network may have affected all counties directly or indirectly - an econometric challenge that arises in many empirical settings. However, the total impact on each county is captured by changes in that county's "market access," a reduced-form expression derived from general equilibrium trade theory. We measure counties' market access by constructing a network database of railroads and waterways and calculating lowest-cost county-to-county freight routes. As the railroad network expanded from 1870 to 1890, changes in market access were capitalized into county agricultural land values with an estimated elasticity of 1.1. County-level declines in market access associated with removing all railroads in 1890 are estimated to decrease the total value of US agricultural land by 64%. Feasible extensions to internal waterways or improvements in country roads would have mitigated 13% or 20% of the losses from removing railroads.
Author | : John H. Coatsworth |
Publisher | : |
Total Pages | : 249 |
Release | : 1981 |
Genre | : Science |
ISBN | : 9780875806006 |
Author | : Richard White |
Publisher | : National Geographic Books |
Total Pages | : 0 |
Release | : 2012-03-27 |
Genre | : History |
ISBN | : 0393342379 |
A Finalist for the Pulitzer Prize "A powerful book, crowded with telling details and shrewd observations." —Michael Kazin, New York Times Book Review The transcontinental railroads were the first corporate behemoths. Their attempts to generate profits from proliferating debt sparked devastating economic panics. Their dependence on public largesse drew them into the corridors of power, initiating new forms of corruption. Their operations rearranged space and time, remade the landscape of the West, and opened new ways of life and work. Their discriminatory rates sparked a new antimonopoly politics. The transcontinentals were pivotal actors in the making of modern America, but the triumphal myths of the golden spike, Robber Barons larger than life, and an innovative capitalism all die here. Instead we have a new vision of the Gilded Age, often darkly funny, that shows history to be rooted in failure as well as success.
Author | : Robert J. Gordon |
Publisher | : Princeton University Press |
Total Pages | : 785 |
Release | : 2017-08-29 |
Genre | : Business & Economics |
ISBN | : 1400888956 |
How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.
Author | : Christian Wolmar |
Publisher | : PublicAffairs |
Total Pages | : 450 |
Release | : 2012-09-25 |
Genre | : Transportation |
ISBN | : 1610391802 |
America was made by the railroads. The opening of the Baltimore & Ohio line -- the first American railroad -- in the 1830s sparked a national revolution in the way that people lived thanks to the speed and convenience of train travel. Promoted by visionaries and built through heroic effort, the American railroad network was bigger in every sense than Europe's, and facilitated everything from long-distance travel to commuting and transporting goods to waging war. It united far-flung parts of the country, boosted economic development, and was the catalyst for America's rise to world-power status. Every American town, great or small, aspired to be connected to a railroad and by the turn of the century, almost every American lived within easy access of a station. By the early 1900s, the United States was covered in a latticework of more than 200,000 miles of railroad track and a series of magisterial termini, all built and controlled by the biggest corporations in the land. The railroads dominated the American landscape for more than a hundred years but by the middle of the twentieth century, the automobile, the truck, and the airplane had eclipsed the railroads and the nation started to forget them. In The Great Railroad Revolution, renowned railroad expert Christian Wolmar tells the extraordinary story of the rise and the fall of the greatest of all American endeavors, and argues that the time has come for America to reclaim and celebrate its often-overlooked rail heritage.
Author | : Aaron W. Marrs |
Publisher | : JHU Press |
Total Pages | : 289 |
Release | : 2009-03-10 |
Genre | : History |
ISBN | : 0801891302 |
Aaron W. Marrs challenges the accepted understanding of economic and industrial growth in antebellum America with this original study of the history of the railroad in the Old South. Drawing from both familiar and overlooked sources, such as the personal diaries of Southern travelers, papers and letters from civil engineers, corporate records, and contemporary newspaper accounts, Marrs skillfully expands on the conventional business histories that have characterized scholarship in this field. He situates railroads in the fullness of antebellum life, examining how slavery, technology, labor, social convention, and the environment shaped their evolution. Far from seeing the Old South as backward and premodern, Marrs finds evidence of urban life, industry, and entrepreneurship throughout the region. But these signs of progress existed alongside efforts to preserve traditional ways of life. Railroads exemplified Southerners' pursuit of progress on their own terms: developing modern transportation while retaining a conservative social order. Railroads in the Old South demonstrates that a simple approach to the Old South fails to do justice to its complexity and contradictions. -- Dr. Owen Brown and Dr. Gale E. Gibson