Productivity Growth and the Regional Dynamics of Antebellum Southern Development
Between 1800 and 1860, the United States became the preeminent world supplier of cotton as output increased sixty-fold. Technological changes, including the introduction of improved cotton varieties, contributed significantly to this growth. Measured output per worker in the cotton sector rose four-fold and large regional differences emerged. By 1840, output per worker in the New South was twice that in the Old South. The economy-wide increase is explained, in equal measure, by growth in output per worker at fixed locations and by the reallocation of labor across regions. These results offer a new view on the dynamics of economic development in antebellum America.
|Date of creation:||Oct 2010|
|Publication status:||published as Alan L. Olmstead, “Productivity Growth and the Regional Dynamics of Antebellum Southern Development,” pp. 180 - 213 in Paul W. Rhode, Joshua L. Rosenbloom, and David F. Weiman, eds., Economic Evolution and Revolution in Historical Tim e (Stanford: Stanford University Press, 2011) (with Paul W. Rhode).|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
Web page: http://www.nber.org
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- Metzer, Jacob, 1975. "Rational management, modern business practices, and economies of scale in the ante-bellum southern plantations," Explorations in Economic History, Elsevier, vol. 12(2), pages 123-150, April.
- Olmstead,Alan L. & Rhode,Paul W., 2008.
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- Alan L. Olmstead & Paul W. Rhode, 2008. "Biological Innovation and Productivity Growth in the Antebellum Cotton Economy," NBER Working Papers 14142, National Bureau of Economic Research, Inc.
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