Showing 1 - 10 of 13
The nineteenth century was a period of expansion and transformation of American agriculture. While much is known about the process, the exact pace and timing of agricultural productivity change is still unresolved. The traditional view is one of continued progress in which output and...
Persistent link: https://www.econbiz.de/10012475409
The current view of U.S. economic growth before 1860 is based on the conjectural estimates of output made by Paul David (1967). This paper sets forth new estimates of the farm labor force for the period 1800 to 1860 and uses them to revise those conjectures about growth of per capita output. An...
Persistent link: https://www.econbiz.de/10012475888
This paper sets forth new estimates of the farm labor force covering the period 1820 to 1860, for the United States and the major geographic regions. At the national level, the new figures are noticeably different from the previous estimates. In particular, the new estimates lower the 1820 farm...
Persistent link: https://www.econbiz.de/10012476629
This paper describes the first step in a larger project to build up regional estimates of economic growth before 1800 in the parts of North America that became the United States. In it we employ the method of conjectural estimation to develop new estimates of the rate of economic growth in the...
Persistent link: https://www.econbiz.de/10012471038
Based on data from several samples of probate inventories we construct and analyze a time series of slave prices for South Carolina from 1722 to 1809. These estimates reveal that prices fluctuated without trend prior to the 1760s and then began to rise rapidly, more than doubling by the early...
Persistent link: https://www.econbiz.de/10012471200
Using data from samples of probate inventories we construct a series of slave prices for Low Country South Carolina and Georgia covering the period 1722-1815. Using these data we examine variations in slave prices by age and sex, as well as geographic variations between and within the two...
Persistent link: https://www.econbiz.de/10012471326
We constructed a time series of menu prices for the identifiable restaurants at which James Bond dined in France and the UK that yields one of the few international price series representing luxury services. This series enabled us to calculate a real exchange rate based on prices pertinent to...
Persistent link: https://www.econbiz.de/10012660093
There were substantial fluctuations in the numbers of American overseas travelers, especially before World War II. These fluctuations in travel around the robust, long term upward trend are the focus of this paper. We first identify those fluctuations in the raw data and then try to explain the...
Persistent link: https://www.econbiz.de/10012463801
For the past generation scholars have emphasized that the Lower South was one of the most economically successful regions of British mainland North America, and perhaps the most successful. Planters, the primary economic actors, made extensive use of slave labor and created a successful...
Persistent link: https://www.econbiz.de/10012466624
Agriculture dominated the economy of eighteenth-century British America, and the pace of agricultural productivity advance was the primary determinant of the rate of economic growth. In this paper we offer new measures of agricultural productivity advance in the Lower South between 1720 and...
Persistent link: https://www.econbiz.de/10012470345