Showing 1 - 10 of 168
Establishment-level data are used to study capital deepening – increases in the capital-output ratio – in U. S. manufacturing from 1850 to 1880. In both nominal and real terms, the aggregate capital-output ratio rose substantially over the period. Capital deepening is shown to be especially...
Persistent link: https://www.econbiz.de/10005478811
Persistent link: https://www.econbiz.de/10005412424
We use data from the manuscript censuses of manufacturing for 1850, 1860, 1870, and 1880 to study the dispersion of average monthly wages across establishments. We find a marked increased in wage inequality over the period, an increase that cannot be explained by biases in the data or changes in...
Persistent link: https://www.econbiz.de/10005034017
We use data from the manuscript census of manufacturing to estimate the effects of the length of the working day on output and wages. We find that the elasticity of output with respect to daily hours was positive but less than one - that is, there were diminishing returns to increases in hours....
Persistent link: https://www.econbiz.de/10005034029
Persistent link: https://www.econbiz.de/10005614794
Data from the manuscript census of manufacturing are used to estimate the effects of the length of the working day on output and wages. We find that the elasticity of output with respect to daily hours worked was positive but less than one—implying diminishing returns to increases in working...
Persistent link: https://www.econbiz.de/10005126282
Persistent link: https://www.econbiz.de/10005300034
For generations of scholars and observers, the "transportation revolution," especially the railroad, has loomed large as a dominant factor in the settlement and development of the United States in the nineteenth century. There has, however, been considerable debate as to whether transportation...
Persistent link: https://www.econbiz.de/10005256388
Using unpublished data contained in samples from the manuscripts of the 1870 and 1880 censuses of manufactures, we examine the extent and correlates of part-year manufacturing during the late nineteenth century. These data are the earliest comprehensive estimates available and, while the typical...
Persistent link: https://www.econbiz.de/10005178565
We use establishment-level data from the 1850-1880 censuses of manufacturing to study the relationships among establishment size, steam power use, and labor productivity. Large establishments, measured here by employment, were much more likely to use steam power than smaller establishments. By...
Persistent link: https://www.econbiz.de/10005183821