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作者:Mejia, Javier
作者单位:Stanford University
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作者:Robles-Baez, Christian; Medina, Luis Fernando; Bucheli, Marcelo
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作者:Edwards, Eric C.; Thurman, Walter N.
作者单位:University of California Davis; University of California System; University of California Davis; North Carolina State University
摘要:The Corn Belt is famously responsible for the bulk of U.S. corn production, and over half of its production comes from counties that rely on artificial drainage. We trace the history of this extensive investment in farmland and document the importance of a key institutional innovation, the drainage management district, which increased the land value of naturally wet eastern U.S. counties by 20-37 percent ($16.8-18.7 billion in 2020 dollars). While dramatically increasing agricultural productiv...
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作者:Grant, Arthur H. Cole
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作者:Anbil, Sriya
作者单位:Federal Reserve System - USA; Federal Reserve System Board of Governors
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作者:Berger, Thor; Ostermeyer, Vinzent
作者单位:Swedish Collegium for Advanced Study (SCAS); Uppsala University; Lund University; Lund University; Centre for Economic Policy Research - UK; Research Institute of Industrial Economics (IFN)
摘要:This paper documents how the advent of the limited liability corporation contributed to the diffusion of steam technology during Sweden's industrialization. Using longitudinal establishment-level data, we show that incorporation sharply raised the probability that industrial establishments adopted steam. Incorporation facilitated technology adoption partly by enabling smaller establishments to expand to a greater scale, where the use of steam became feasible. These results highlight that low b...
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作者:Kedrosky, Davis; Palma, Nuno
作者单位:Northwestern University; University of Manchester
摘要:As late as 1750, Portugal had a high output per head by Western European standards. Yet just a century later, Portugal was this region's poorest country. In this paper, we show that the discovery of massive quantities of gold in Brazil over the eighteenth century played a key role in the long-run development of Portugal. The country suffered from an economic and political resource curse. A counterfactual based on synthetic control methods suggests that by 1800 Portugal's GDP per capita was 40 ...
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作者:Shiue, Carol H.
作者单位:University of Colorado System; University of Colorado Boulder
摘要:This study examines intergenerational mobility in China over 6 centuries using unique genealogical data on father-son pairs from 7 clans in Tongcheng County. Covering 18 generations and approximately 40,000 individuals, the analysis spans a broad set of social classes, from ordinary people to jinshi degree holders. The findings indicate that although social mobility was slow to change, mobility nonetheless underwent a sizable increase during the seventeenth century. The timing of the trends co...
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作者:Mohammed, A. R. Shariq; Mohnen, Paul
作者单位:Northeastern University; Federal Reserve System - USA; Federal Reserve Bank - Atlanta
摘要:This paper studies the labor market impact of the Rosenwald Schools Initiative, a school construction program in the early twentieth-century South. Using a new sample linking Social Security and census records, we find that exposure to Rosenwald schools raised Black women's labor force participation and occupational standing in 1940; however, we find little evidence that Black men's occupational standing significantly improved. Blacks made no discernible gains in jobs where they were underrepr...
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作者:Harrison, James
作者单位:United States Department of Defense; United States Navy; United States Naval Academy