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The Choice Between High-Pressure and Low-Pressure Steam Power in America in the Early Nineteenth Century

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  • Halsey, Harlan I.

Abstract

In the early nineteenth century, five versions of stationary steam engines were in widespread use. In America, the high-pressure engine was dominant in the West, but on the eastern seaboard the low-pressure engine was viable. In Britain, the low-pressure engine was overwhelmingly dominant. Here we analyze the evidence on cost and performance of high- and low-pressure engines, and show that fuel-price and interest-rate differentials were sufficient to explain the distribution of steam engine types in America.

Suggested Citation

  • Halsey, Harlan I., 1981. "The Choice Between High-Pressure and Low-Pressure Steam Power in America in the Early Nineteenth Century," The Journal of Economic History, Cambridge University Press, vol. 41(4), pages 723-744, December.
    • Handle: RePEc:cup:jechis:v:41:y:1981:i:04:p:723-744_04
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    Cited by:

    1. 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.
    2. Alessandro Nuvolari & Bart Verspagen, 2009. "Technical choice, innovation, and British steam engineering, 1800–501," Economic History Review, Economic History Society, vol. 62(3), pages 685-710, August.
    3. Suenaga, Keiichiro, 2019. "The emergence of technological paradigms: The case of heat engines," Technology in Society, Elsevier, vol. 57(C), pages 135-141.
    4. George Selgin & John L. Turner, 2011. "Strong Steam, Weak Patents, or the Myth of Watt's Innovation-Blocking Monopoly, Exploded," Journal of Law and Economics, University of Chicago Press, vol. 54(4), pages 841-861.
    5. Koen Frenken & Alessandro Nuvolari, 2004. "The early development of the steam engine: an evolutionary interpretation using complexity theory," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 13(2), pages 419-450, April.

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