Learning, capital accumulation, and the transformation of California agriculture
成果类型：
Article; Proceedings Paper
署名作者：
University of North Carolina; University of North Carolina Chapel Hill; National Bureau of Economic Research
刊物名称：
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN：
0022-0507
DOI：
10.1017/S0022050700042157
发表日期：
1995
页码：
773-800
关键词：
摘要：
Between 1890 and 1914, California agriculture rapidly shifted from extensive to intensive crops, emerging as one of the world's major suppliers of Mediterranean products. Based on an analysis of new data on price and quantity movements, this article calls into question the traditional emphasis on changes in transportation, water, and labor market conditions as explanations for California's transformation. It argues that increases in fruit supply outpaced increases in demand and that declining farm interest rates and biological learning played crucial, if relatively neglected, roles in the intensification process.
来源URL：