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Railroads and the Rise of the Factory: Evidence for the United States, 1850-70 / Jeremy Atack, Michael R. Haines, Robert A. Margo.
- Format:
- Book
- Author/Creator:
- Atack, Jeremy.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w14410.
- NBER working paper series no. w14410
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Railroads and the Rise of the Factory
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2008.
- Summary:
- Over the course of the nineteenth century manufacturing in the United States shifted from artisan shop to factory production. At the same time United States experienced a "transportation revolution", a key component of which was the building of extensive railroad network. Using a newly created data set of manufacturing establishments linked to county level data on rail access from 1850-70, we ask whether the coming of the railroad increased establishment size in manufacturing. Difference-in-difference and instrument variable estimates suggest that the railroad had a positive effect on factory status. In other words, Adam Smith was right -- the division of labor in nineteenth century American manufacturing was limited by the extent of the market.
- Notes:
- Print version record
- October 2008.
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