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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 …
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dynamic approach. Drawing on the records of 142 plantations with 509 crops years, we show that the average daily cotton … picking rate increased about four-fold between 1801 and 1862. We argue that the development and diffusion of new cotton … South's preeminence in the world cotton market, the pace of westward expansion, and the importance of indigenous …
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We explore how changes in ownership and managerial control affect the productivity and profitability of producers …. Using detailed operational, financial, and ownership data from the Japanese cotton spinning industry at the turn of the last … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly …
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efficiency. First, treatment firms have higher productivity and quality after controlling for rug specifications. Second, when …
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and producer surplus by five to ten percent, but average productivity losses are significantly smaller because most inputs …
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(horizontal differentiation). The market context is Japan's cotton spinning industry at the turn of the last century. We find that …
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