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Productivity, Extent of Markets, and Manufacturing in the Late Antebellum South and Midwest

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  • Tchakerian, Viken

Abstract

This article uses the Bateman-Weiss samples of manufacturing firms from 1850 and 1860 to estimate the labor and total factor productivity of southern and midwestern manufacturing industries in the late antebellum period. The results indicate rapid growth in productivity, especially in the South. The article also demonstrates a positive association between measured productivity, firm size, and urbanization. Differences in manufacturing performance between the South and the Midwest are shown to be crucially dependent on the extent of markets within the two regions.

Suggested Citation

  • Tchakerian, Viken, 1994. "Productivity, Extent of Markets, and Manufacturing in the Late Antebellum South and Midwest," The Journal of Economic History, Cambridge University Press, vol. 54(3), pages 497-525, September.
  • Handle: RePEc:cup:jechis:v:54:y:1994:i:03:p:497-525_01
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    Cited by:

    1. Kris Inwood & Ian Keay, 2005. "Bigger establishments in thicker markets: can we explain early productivity differentials between Canada and the United States?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 38(4), pages 1327-1363, November.
    2. Ian Keay & Kris Inwood, 2006. "Assessing Economic Performance Among North American Manufacturing Establishments, 1870/71: Data, Methodology And Measurement Issues," Working Paper 1030, Economics Department, Queen's University.
    3. Sokoloff, Kenneth L. & Tchakerian, Viken, 1997. "Manufacturing Where Agriculture Predominates: Evidence from the South and Midwest in 1860," Explorations in Economic History, Elsevier, vol. 34(3), pages 243-264, July.

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