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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 …
Persistent link: https://www.econbiz.de/10012462163
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 …
Persistent link: https://www.econbiz.de/10012464504
Previous literature has discussed the procedural biases that exist in U.S. Department of Commerce (USDOC) dumping margin calculations. This paper examines the evolution of discretionary practices and their role in the rapid increase in average USDOC dumping margins since 1980. Statistical...
Persistent link: https://www.econbiz.de/10012469073
The boll weevil spread across the Southern United States from 1892 to 1922 having a devastating impact on cotton …
Persistent link: https://www.econbiz.de/10012481047
This paper empirically investigates the hypothesis that hysteresis has occurred in US aggregate non-oil import prices. We find strong evidence that a shift has occurred in the exchange rate pass-through relationship in the 1980~~ and that the nature of the shift is consistent with the hysteresis...
Persistent link: https://www.econbiz.de/10012476584
We study the evolution of individual labor earnings over the life cycle using a large panel data set of earnings histories drawn from U.S. administrative records. Using fully nonparametric methods, our analysis reaches two broad conclusions. First, earnings shocks display substantial deviations...
Persistent link: https://www.econbiz.de/10012457753
This paper shows how to remove attenuation bias in regression analyses due to measurement error in historical data for a given variable of interest by using a secondary measure which can be easily generated from digitized newspapers. We provide three methods for using this secondary variable to...
Persistent link: https://www.econbiz.de/10012938777
This paper investigates the effect of a large negative agricultural shock, the boll weevil, on black-white inequality in the first half of the twentieth century. To do this we use complete count census data to generate a linked sample of fathers and their sons. We find that the boll weevil...
Persistent link: https://www.econbiz.de/10012481685
Between 1928 and 1960 U.S. cotton production witnessed a revolution with average yields roughly tripling while the …
Persistent link: https://www.econbiz.de/10012469085
The United States produced about 80 percent of the world's cotton in the decades prior to the Civil War. How much … monopoly power did the United States possess in the world cotton market and what would have been the effect of an optimal … export tax? This paper estimates the elasticity of foreign demand for U.S. cotton exports and uses the elasticity in a simple …
Persistent link: https://www.econbiz.de/10012470026