Increasing Returns and the Genesis of American Resource Abundance
The USA became the world's leading mineral-producing nation between 1870 and 1910, a development paralleled by the rising resource-intensity of American manufacturing. This paper challenges the premise that resource abundance simply reflected the country's geological endowment of mineral deposits. Instead, in the century following 1850 the USA exploited its natural resource potentials to a far greater extent than other countries, and did so across virtually the entire range of industrial minerals. The paper argues that "natural resource abundance" was an endogenous, "socially constructed" condition that was not geologically preordained. It examines the complex legal, institutional, technological and organizational adaptations that shaped the US supply-responses to the expanding domestic and international industrial demands for minerals and mineral products. It suggests that strong "positive feedbacks"--even in the exploitation of depletable resources--were responsible for the explosive growth of the American minerals economy. Copyright 1997 by Oxford University Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 6 (1997)
Issue (Month): 2 (March)
|Contact details of provider:|| Postal: |
Fax: 01865 267 985
Web page: http://icc.oupjournals.org/Email:
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:indcch:v:6:y:1997:i:2:p:203-45. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.