The United States became a net exporter of manufactured goods around 1910 after a dramatic surge in iron and steel … exports began in the mid-1890s. This paper argues that natural resource abundance fueled the expansion of iron and steel … equivalent to nearly 30 years of industry productivity growth in its effect on iron and steel export prices. The results are …

The United States became a net exporter of manufactured goods around 1910 after a dramatic surge in iron and steel … exports began in the mid-1890s. This paper argues that natural resource abundance fueled the expansion of iron and steel … equivalent to nearly 30 years of industry productivity growth in its effect on iron and steel export prices. The results are …