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Railroads, technology adoption, and modern economic development: Evidence from Japan
Yamasaki, Junichi - 2017
Railroad access can accelerate the technological progress in the industrial sector and therefore induce structural change and urbanization, the two common features of modern economic growth. I examine this particular mechanism in the context of Japanese railroad network expansion and modern...
Persistent link: https://www.econbiz.de/10012013668
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Little Divergence in America — Market Access and Demographic Transition in the United States
Guldi, Melanie; Rahman, Ahmed S. - 2022
This paper assesses the causal impact of greater market access on demographic transition during the latter half of the 19th century in the United States. We construct new measures of fertility changes and measures of railroad access at the county level from 1850 – 1890. We are able to document...
Persistent link: https://www.econbiz.de/10013351754
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Locomotives of Local Growth: The Short- and Long-Term Impact of Railroads in Sweden
Berger, Thor; Enflo, Kerstin - 2013
and 1870, from the 19th century until today. We estimate that railroads accounted for 50% of urban growth, 1855-1870. In … hypothesize that railroads set in motion a path dependent process that shapes the economic geography of Sweden today. …
Persistent link: https://www.econbiz.de/10012669392
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Equity, Commodity, and Distillate Risk for Oil Upstream Producers and Downstream Consumers
Carson, Scott Alan - 2023
, and downstream oil producer returns and risk compared to downstream oil consumers in airlines, ground-freight, railroads …
Persistent link: https://www.econbiz.de/10014377401
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Railroads and economic growth: A trade policy approach
Pérez-Cervantes, Fernando - 2014
What was the impact of railroads in the output of the United States during the 19th century and how can a New Trade …. Third, I estimate ounterfactuals with the railroads built up to a certain year. My estimates suggest that there was a lot of … the railroads were made suddenly unavailable in 1890 there would have been a 9.6% reduction in output, but in 1900, after …
Persistent link: https://www.econbiz.de/10010392386
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Competitive procurement design: Evidence from regional passenger railway services in Germany
Hunold, Matthias; Wolf, Christoph - 2013
We study competitive awarding procedures of short haul railway passenger services in Germany from 1995 to 2011 by means of a newly collected data set. In particular, we use regression techniques to investigate the determinants of the number of bidders, the identity of the winning bidder and the...
Persistent link: https://www.econbiz.de/10010311600
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Railroads and Micro-regional Growth in Prussia
Hornung, Erik - 2012
railroads appeared as a consequenceof a previous growth spurt. …
Persistent link: https://www.econbiz.de/10010312145
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How could everyone have been so wrong? Forecasting the Great Depression with the railroads
Klug, Adam; Langdon-Lane, John S.; White, Eugene N. - 2002
Contemporary observers viewed the recession that began in the summer of 1929 as nothing extraordinary. Recent analyses have shown that the subsequent large deflation was econometrically forecastable, implying that a driving force in the depression was the high expected real interest rates faced...
Persistent link: https://www.econbiz.de/10010318331