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作者:University of Minnesota System; University of Minnesota Twin Cities; University of Minnesota System; University of Minnesota Twin Cities; University of California System; University of California Davis; University of California System; University of California Davis
摘要:Has the golden age of U.S. agricultural productivity growth ended? We analyze the detailed patterns of productivity growth spanning a century of profound changes in American agriculture. We document a substantial slowing of U.S. farm productivity growth, following a late mid-century surge-20 years after the surge and slowdown in U.S. industrial productivity growth. We posit and empirically probe three related explanations for this farm productivity surge-slowdown: the time path of agricultural...
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作者:University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; National Bureau of Economic Research
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作者:University of Michigan System; University of Michigan
摘要:The Antebellum American South experienced rapid biological innovation centered around an active market for new cotton seed varieties, despite the absence of intellectual property rights. Contemporaries complained new seed was initially offered at high prices, which subsequently collapsed. Using local newspaper evidence, this paper documents this market's operation. It then rationalizes the price movements given the potential of improved seed to multiply at finite rates. The initial prices were...
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作者:University of Colorado System; University of Colorado Boulder; Arizona State University; Arizona State University-Tempe
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作者:University of California System; University of California Los Angeles; Vassar College
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作者:University of London; London School Economics & Political Science; Federal Reserve System - USA; Federal Reserve System Board of Governors
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作者:Stanford University; Harvard University
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作者:Uppsala University; Uppsala University; Lund University
摘要:Using new and uniquely detailed data, we examine how construction workers' wages in Sweden developed between 1831 and 1900. Wages grew rapidly from the 1850s, and comparisons with Northwestern Europe show that Swedish workers benefited more from growth than workers elsewhere. Globalization forces, most notably overseas migration, in combination with flexible and well-integrated labor markets-signified by strong regional convergence, falling skill differentials, and small urban-rural wage gaps-...
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作者:University of Victoria; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
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作者:Boston University