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The Emergence of Farm Labor Markets and the Transformation of the Rural Economy: Massachusetts, 1750–1855

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  • Rothenberg, Winifred B.

Abstract

This article proposes to do three things: to test for and date the emergence and integration of regional farm labor markets in Massachusetts; to demonstrate their growth consequences for the preindustrial economy; and to present new wage and labor productivity indices for the agricultural economy of Massachusetts from 1750 to 1855. Together with my previous studies it makes the case that the economy of rural Massachusetts was transformed by and under the subtle dominion of commodity, capital, and labor markets, the simultaneous emergence of which by 1800 is observed in the behavior of relevant prices and ratified in the growth of labor productivity.

Suggested Citation

  • Rothenberg, Winifred B., 1988. "The Emergence of Farm Labor Markets and the Transformation of the Rural Economy: Massachusetts, 1750–1855," The Journal of Economic History, Cambridge University Press, vol. 48(3), pages 537-566, September.
  • Handle: RePEc:cup:jechis:v:48:y:1988:i:03:p:537-566_00
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    Cited by:

    1. van Bavel, Bas, 2016. "The Invisible Hand?: How Market Economies have Emerged and Declined Since AD 500," OUP Catalogue, Oxford University Press, number 9780199608133, Decembrie.
    2. Robert A. Margo, 1992. "Wages and Prices during the Antebellum Period: A Survey and New Evidence," NBER Chapters, in: American Economic Growth and Standards of Living before the Civil War, pages 173-216, National Bureau of Economic Research, Inc.
    3. Carol Scott Leonard & Leonid Borodkin & Lomonossov State University & Moscow & Russia, 2000. "The Rural Urban Wage Gap in the Industrialization of Russia, 1885-1913," Economics Series Working Papers 14, University of Oxford, Department of Economics.
    4. Chad P. Bown & Daniel Lederman & Samuel Pienknagura & Raymond Robertson, 2017. "Better Neighbors," World Bank Publications - Books, The World Bank Group, number 25736, December.
    5. Robert E. Gallman, 1992. "American Economic Growth before the Civil War: The Testimony of the Capital Stock Estimates," NBER Chapters, in: American Economic Growth and Standards of Living before the Civil War, pages 79-120, National Bureau of Economic Research, Inc.

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