Showing 121 - 130 of 238
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/10008684648
Persistent link: https://www.econbiz.de/10005217812
Persistent link: https://www.econbiz.de/10005362024
Persistent link: https://www.econbiz.de/10008369705
Persistent link: https://www.econbiz.de/10006967488
Persistent link: https://www.econbiz.de/10006982339
Persistent link: https://www.econbiz.de/10006955716
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/10012468784
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/10012464009
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/10012470804