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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/10005830846
We use establishment-level data to study capital deepening -- increases in the capital-output ratio -- in American manufacturing from 1850 to 1880. In nominal terms, the aggregate capital-output ratio in our samples rose by 30 percent from 1850 to 1880. Growth in real terms was considerably...
Persistent link: https://www.econbiz.de/10005714609
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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
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Persistent link: https://www.econbiz.de/10005250384
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Using unpublished data contained in samples from the manuscripts of the 1870 and 1880 censuses of manufactures, we examine the extent and correlates of part-year manufacturing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
Using unpublished data contained in samples from the manuscripts of the 1870 and 1880 censuses of manufactures--the earliest comprehensive estimates available--this study examines the extent and correlates of part-year manufacturing during the late 19th century. While the typical manufacturing...
Persistent link: https://www.econbiz.de/10008684557