The U.S. Westward Expansion
The U.S. economic development in the 19th century was characterized by the westward movement of population and the accumulation of productive land in the West. This article presents a model of migration and land improvement to identify the quantitatively important forces driving these phenomena. The conclusion is that the decrease in transportation costs induced the westward migration, whereas population growth was responsible for the investment in productive land. Copyright 2008 by the Economics Department Of The University Of Pennsylvania And Osaka University Institute Of Social And Economic Research Association.
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Volume (Year): 49 (2008)
Issue (Month): 1 (02)
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