Showing 1 - 10 of 87
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
Using unpublished manuscript census data for 1869/70 and 1879/80, we estimate that manufacturing establishments in the mid/late nineteenth century averaged about 10 months of fulltime operation per year; somewhat longer in 1880 fractionally less in 1870. Months of operation, however, varied...
Persistent link: https://www.econbiz.de/10005034011
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
We use establishment level data from the 1850-80 censuses of manufacturing to study the correlates of the use of steam power and the impact of steam power on labor productivity growth in nineteenth century American manufacturing. A key result is that establishment size mattered: large...
Persistent link: https://www.econbiz.de/10005004702
In the late nineteenth and early twentieth centuries there was considerable interest among the scientific and business communities in the relationship between work, fatigue, health and productivity. Study after study not only documented well-known relationships between occupation and disease...
Persistent link: https://www.econbiz.de/10005589276
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/10005777274
We know remarkably little about the length of the working day before the 1880s. In this paper, we summarize what is known about the trend in the length of the workday in American manufacturing industry from 1830 to 1890. We than develop estimates of the daily hours of work and form the basis for...
Persistent link: https://www.econbiz.de/10005778977
After sketching various ways in which economic issues influenced the political realignment of the 1850s, the paper concentrates on five questions: (1) the timing of the economic issues and the disjunctions in economic developments across regions and classes; (2) the size of the nonagricultural...
Persistent link: https://www.econbiz.de/10005778982