The steam engine is widely regarded as the icon of the Industrial Revolution and a prime example of a “General Purpose Technology,” and yet its contribution to growth is far from transparent. This paper examines the role that a particular innovative design in steam power, the Corliss engine, played in the intertwined processes of industrialization and urbanization that characterized the growth of the US economy in the late 19th century.
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Paper provided by Tel Aviv in its series Papers with number
2001-27.
Find related papers by JEL classification: N11 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - U.S.; Canada: Pre-1913 N61 - Economic History - - Manufacturing and Construction - - - U.S.; Canada: Pre-1913 O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Regional, Urban, and Rural Analyses O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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