Showing 1 - 10 of 90
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
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
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
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
, and downstream oil producer returns and risk compared to downstream oil consumers in airlines, ground-freight, railroads …
Persistent link: https://www.econbiz.de/10014377401
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
railroads appeared as a consequenceof a previous growth spurt. …
Persistent link: https://www.econbiz.de/10010312145
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
We propose a new methodology to estimate the share of household income accruing to children (i.e., the cost of children). Following the principle of the Rothbarth approach, the identification of the children's share requires the observation of at least one adult-specific good. However, our...
Persistent link: https://www.econbiz.de/10010269709
This paper studies the effects of aggregate, industry-, and firm-specific factors on the exit hazard rates in the market for daily newspapers in The Netherlands from 1950 to 1996. We present a brief overview of the exit literature. On the basis of the existing empirical evidence, we decided to...
Persistent link: https://www.econbiz.de/10010276138