Showing 1 - 10 of 11
Agricultural development may support broader economic development, though agricultural expansion may also crowd-out local non-agricultural activity. On the United States Plains, areas over the Ogallala aquifer experienced windfall agricultural gains when post-WWII technologies increased farmers'...
Persistent link: https://www.econbiz.de/10013100368
Agriculture on the American Great Plains has been constrained by historical water scarcity. After World War II, technological improvements made groundwater from the Ogallala aquifer available for irrigation. Comparing counties over the Ogallala with nearby similar counties, groundwater access...
Persistent link: https://www.econbiz.de/10013037471
In the American South, post-bellum economic stagnation has been partially attributed to white landowners' access to low-wage black labor; indeed, Southern economic convergence from 1940 to 1970 was associated with substantial black out-migration. This paper examines the impact of the Great...
Persistent link: https://www.econbiz.de/10013101831
We quantify agglomeration spillovers by estimating the impact of the opening of a large new manufacturing plant on the total factor productivity (TFP) of incumbent plants in the same county. Articles in the corporate real estate journal Site Selection reveal the county where the quot;Million...
Persistent link: https://www.econbiz.de/10012772456
We examine impacts of market integration on the development of American manufacturing, as railroads expanded through the latter half of the 19th century. Using new county-by-industry data from the Census of Manufactures, we estimate substantial impacts on manufacturing productivity from relative...
Persistent link: https://www.econbiz.de/10012857672
We estimate direct and indirect effects of total factor productivity growth in manufacturing on US workers' earnings, housing costs, and purchasing power. Drawing on four alternative instrumental variables, we consistently find that when a city experiences productivity gains in manufacturing,...
Persistent link: https://www.econbiz.de/10012917592
Historical city growth, in the United States and worldwide, has required remarkable transformation of outdated durable buildings. Private land-use decisions may generate inefficiencies, however, due to externalities and various rigidities. This paper analyzes new plot-level data in the aftermath...
Persistent link: https://www.econbiz.de/10013224997
Several recent randomized controlled trials have found only modest effects of microfinance on consumption and income. However, these studies by design estimate impacts on new clients, so these modest effects may only have been lower bounds on the gains for more-experienced borrowers and the...
Persistent link: https://www.econbiz.de/10013032479
This paper examines the historical impact of railroads on the American economy. Expansion of the railroad network may have affected all counties directly or indirectly - an econometric challenge that arises in many empirical settings. However, the total impact on each county is captured by...
Persistent link: https://www.econbiz.de/10013079206
The 1930's American Dust Bowl created archetypal "Dust Bowl migrants," refugees from environmental collapse and economic upheaval. I examine this archetype, comparing migration from more-eroded counties and less-eroded counties to distinguish Dust Bowl migrants from other migrants in this era....
Persistent link: https://www.econbiz.de/10014094624