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作者：Goethe University Frankfurt; University of Oxford
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作者：Yale University; University of California System; University of California Davis; University of Arizona; National Bureau of Economic Research
摘要：The boll weevil is America's most celebrated agricultural pest. We analyze new county-level panel data to provide sharp estimates of the time path of the insect's effects on the southern economy. We find that in anticipation of the contact, fanners increased production, attempting to squeeze out one last large crop. Upon arrival, the weevil had a large negative and lasting impact on cotton production, acreage, and especially yields. In response, rather than taking land out of agricultural prod...
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作者：University of Warwick
摘要：When did Germany become economically integrated? Based on a large new data set on trade flows within and across the borders of Germany, I explore the geography of trade costs across Central Europe, 1885-1933. The key finding is that the German Empire before 1914 was a poorly integrated economy. This internal fragmentation resulted from cultural heterogeneity, from administrative borders, and from natural geography that divided Germany into eastern and western parts. After World War I and again...
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作者：University of Arizona
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作者：Australian National University; University of Bristol
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作者：Universita Ca Foscari Venezia
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作者：Simon Fraser University
摘要：By combining new archival and existing data, this article provides estimates of the economic impact of the 1755 Lisbon earthquake, the largest natural catastrophe ever recorded in Europe. The direct cost of the earthquake is estimated to be between 32 and 48 percent of the Portuguese GDP. In spite of strict controls, prices and wages remained volatile in the years after the tragedy. The recovery from the earthquake also led to a rise in the wage premium of construction workers. More significan...
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作者：Walsh, Lorena
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作者：Wellesley College; Yale University
摘要：In 1822 New York became the first of many common law states to authorize the formation of limited partnerships. Little is known about the effects of these statutes. This article analyzes the use of the limited partnership in nineteenth-century New York City. We find that the form was adopted by a surprising number of firms, and that limited partnerships had more capital, failed at lower rates, and had fewer members with kinship ties, compared to ordinary partnerships. The results suggest that ...
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作者：University of California System; University of California Davis; University of London; London School Economics & Political Science
