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作者:University of California System; University of California Davis; University of Arizona; National Bureau of Economic Research
摘要:The cliometrics literature oil slave efficiency has generally focused on static questions. We take a decidedly more dynamic approach. Drawing on the records of 1421 plantations with 509 crops years, we show that the average daily cotton-picking rate increased about fourfold between 1801 and 1862. We argue that the development and diffusion of new cotton varieties were the primary sources of the increased efficiency. These findings have broad implications for understanding the South's preeminen...
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作者:Burentte, Joyce
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作者:California State University System; California State University Sacramento
摘要:New England experienced a significant economic transformation after the Revolutionary War. Despite an extensive literature on American development, little is known about the precise role of banks in this process. This article exploits a detailed dataset from Plymouth County, Massachusetts to show that the first bank during its early stage was far more selective in lending than the pre-existing personal credit market. Thus the mere introduction of a single bank did not broaden access to credit....
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作者:University of Southern California
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作者:Northwestern University
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作者:Memorial University Newfoundland
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作者:Washington University (WUSTL); National Bureau of Economic Research
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作者:University of Kansas
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作者:Occidental College
摘要:Economic historians have devoted enormous attention to the collapse of the interwar gold standard. This article proposes a discrete time duration model (using a panel data set of 24 countries for 1928-1936) to analyze how economic and political indicators affected a country's term on the gold standard. High per capita income, international creditor status, and prior hyperinflation increased the probability of continuation. In contrast, democratic regimes left early. Unemployment, sterling grou...
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作者:Radford University