Capital Intensity and U.S. Country Population Growth during the Late Nineteenth Century
AbstractThe United States witnessed substantial growth in manufacturing and urban populations during the last half of the nineteenth century. To date, no convincing evidence has been presented to explain the shift in population to urban areas. We find evidence that capital intensity, particularly new capital in the form of steam horsepower, played a significant role in drawing labor into counties and by inference into urban areas. This provides support for the hypothesis that the locational decisions of manufacturers and their placement of capital in urban areas fueled urban growth in the nineteenth century.
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Bibliographic InfoPaper provided by University of Delaware, Department of Economics in its series Working Papers with number 12-02.
Length: 20 pages
Date of creation: 2012
Date of revision:
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Web page: http://www.lerner.udel.edu/departments/economics/department-economics/
More information through EDIRC
urbanization; capital intensity; regional population growth; technological change;
Find related papers by JEL classification:
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
- N11 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: Pre-1913
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-14 (All new papers)
- NEP-DEM-2012-03-14 (Demographic Economics)
- NEP-HIS-2012-03-14 (Business, Economic & Financial History)
- NEP-URE-2012-03-14 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Atack, Jeremy & Bateman, Fred & Margo, Robert A., 2008.
"Steam power, establishment size, and labor productivity growth in nineteenth century American manufacturing,"
Explorations in Economic History,
Elsevier, vol. 45(2), pages 185-198, April.
- Jeremy Atack & Fred Bateman & Robert Margo, 2006. "Steam Power, Establishment Size, and Labor Productivity Growth in Nineteenth Century American Manufacturing," NBER Working Papers 11931, National Bureau of Economic Research, Inc.
- Abrams, Burton A. & Li, Jing & Mulligan, James G., 2008. "Did Corliss Steam Engines Fuel Urban Growth in the Late Nineteenth Century? Less Sanguine Results," The Journal of Economic History, Cambridge University Press, vol. 68(04), pages 1172-1176, December.
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