The U.S. Westward Expansion
AbstractThe U.S. economic development in the 19th century was characterized by the westward movement of population and the accumulation of productive land in the West. This article presents a model of migration and land improvement to identify the quantitatively important forces driving these phenomena. The conclusion is that the decrease in transportation costs induced the westward migration, whereas population growth was responsible for the investment in productive land. Copyright 2008 by the Economics Department Of The University Of Pennsylvania And Osaka University Institute Of Social And Economic Research Association.
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Bibliographic InfoArticle provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review.
Volume (Year): 49 (2008)
Issue (Month): 1 (02)
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Other versions of this item:
- E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
- J1 - Labor and Demographic Economics - - Demographic Economics
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- The 19th century westward expansion of the U.S.
by Economic Logician in Economic Logic on 2008-05-09 02:14:00
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