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The origins of American industrial success: Evidence from the US portland cement industry

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Author Info
Prentice, David

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Abstract

The contributions of innovations, factor endowments and institutions to American industrialization are examined through analysing the rise of the American portland cement industry. Minerals abundance contributed in multiple ways to the spectacular rise of the industry from the 1890s. However, the results of a structural econometric analysis of entry suggests geological surveys, institutions highlighted by David and Wright, played a contributing rather than critical role in the American portland cement industry overcoming incumbent European portland cement and American natural cement producers.

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File URL: http://mpra.ub.uni-muenchen.de/13409/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13409.

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Date of creation: 26 Jun 2008
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Handle: RePEc:pra:mprapa:13409

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Related research
Keywords: American Economic History; Empirical Industrial Organization; Portland Cement;

Find related papers by JEL classification:
N51 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - U.S.; Canada: Pre-1913
L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
N0 - Economic History - - General
L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
N61 - Economic History - - Manufacturing and Construction - - - U.S.; Canada: Pre-1913

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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.:
  1. David, Paul A & Wright, Gavin, 1997. "Increasing Returns and the Genesis of American Resource Abundance," Industrial and Corporate Change, Oxford University Press, vol. 6(2), pages 203-45, March.
  2. Meyer, David R., 1989. "Midwestern Industrialization and the American Manufacturing Belt in the Nineteenth Century," The Journal of Economic History, Cambridge University Press, vol. 49(04), pages 921-937, December. [Downloadable!]
  3. Toivanen, O. & Waterson, M., 2001. "Market Structure and Entry: Where's the Beef?," The Warwick Economics Research Paper Series (TWERPS) 593, University of Warwick, Department of Economics. [Downloadable!]
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  4. Gavin Wright, 1999. "Can a Nation Learn? American Technology as a Network Phenomenon," NBER Chapters, in: Learning by Doing in Markets, Firms, and Countries, pages 295-332 National Bureau of Economic Research, Inc. [Downloadable!]
    Other versions:
  5. Bresnahan, Timothy F & Reiss, Peter C, 1991. "Entry and Competition in Concentrated Markets," Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 977-1009, October. [Downloadable!] (restricted)
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  6. Rosenbaum, David I. & Sukharomana, Supachat, 2001. "Oligopolistic pricing over the deterministic market demand cycle: some evidence from the US Portland cement industry," International Journal of Industrial Organization, Elsevier, vol. 19(6), pages 863-884, May. [Downloadable!] (restricted)
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