Eckert, Fabian; Juneau, John; Peters, Michael - National Bureau of Economic Research - 2023
We study the joint process of urbanization and industrialization in the US economy between 1880 and 1940. We show that … only a small share of aggregate industrialization is accounted for by the relocation of workers from remote rural areas to … transforming their sectoral structure. Most industrialization within counties occurred through the emergence of new "factory …