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

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  • Prentice, David

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

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  1. Harley, C.K., 1988. "Ocean Freight Rates And Productivity, 1740-1913: The Primacy Of Mechanical Invention Reaffirmed," UWO Department of Economics Working Papers 8802, University of Western Ontario, Department of Economics.
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  4. David Prentice, 2006. "A re-examination of the origins of American industrial success," Working Papers 2006.02, School of Economics, La Trobe University.
  5. Prentice, David, 2008. "The origins of American industrial success: Evidence from the US portland cement industry," MPRA Paper 13409, University Library of Munich, Germany.
  6. Gavin Wright, 1997. "Can a Nation Learn? American Technology as a Network Phenomenon," Working Papers 98001, Stanford University, Department of Economics.
  7. David, Paul A, 1990. "The Dynamo and the Computer: An Historical Perspective on the Modern Productivity Paradox," American Economic Review, American Economic Association, vol. 80(2), pages 355-61, May.
  8. Cairns, R. & Lasserre, P., 1985. "Sectoral Supply of Minerals of Varying Quality," Cahiers de recherche 8534, Universite de Montreal, Departement de sciences economiques.
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  16. Irwin, Douglas A., 2000. "Did Late-Nineteenth-Century U.S. Tariffs Promote Infant Industries? Evidence from the Tinplate Industry," The Journal of Economic History, Cambridge University Press, vol. 60(02), pages 335-360, June.
  17. Michael L. Tushman & Lori Rosenkopf, 1996. "Executive Succession, Strategic Reorientation and Performance Growth: A Longitudinal Study in the U.S. Cement Industry," Management Science, INFORMS, vol. 42(7), pages 939-953, July.
  18. 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.
  19. Anderson, Philip & Tushman, Michael L, 2001. "Organizational Environments and Industry Exit: The Effects of Uncertainty, Munificence and Complexity," Industrial and Corporate Change, Oxford University Press, vol. 10(3), pages 675-711, September.
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Cited by:
  1. Prentice, David, 2008. "The origins of American industrial success: Evidence from the US portland cement industry," MPRA Paper 13409, University Library of Munich, Germany.
  2. McCloskey, Deirdre N., 2013. "Tunzelmann, Schumpeter, and the Hockey Stick," Research Policy, Elsevier, vol. 42(10), pages 1706-1715.

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