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Rural Response to Increased Demand: Crop Choice in the Midwest, 1860–1880

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  • Gregson, Mary Eschelbach

Abstract

Demand for farm products grew, and the cost of marketing them shrank, between 1860 and 1880. The resulting commercialization of Midwestern agriculture has been widely discussed, but the production strategies that farmers pursued have not been adequately described or modeled. I find that an endowment-contingent model of crop choice provides a consistent explanation for farm production strategies at the micro-level on Missouri farms. The results call for a re-examination of the conventional wisdom that commercialization fostered specialization at the regional level.

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  • Gregson, Mary Eschelbach, 1993. "Rural Response to Increased Demand: Crop Choice in the Midwest, 1860–1880," The Journal of Economic History, Cambridge University Press, vol. 53(2), pages 332-345, June.
    • Handle: RePEc:cup:jechis:v:53:y:1993:i:02:p:332-345_01
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    Cited by:

    1. Laura Alfaro & Areendam Chanda & Sebnem Kalemli-Ozcan & Selin Sayek, 2006. "How Does Foreign Direct Investment Promote Economic Growth? Exploring the Effects of Financial Markets on Linkages," DEGIT Conference Papers c011_023, DEGIT, Dynamics, Economic Growth, and International Trade.
    2. David A. Penn & Joachim Zietz, 2010. "The Development of Water Rights in Colorado: An Empirical Analysis," The American Economist, Sage Publications, vol. 55(2), pages 24-35, November.

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