Book/Printed Material New goods and the transition to a new economy

Title

• New goods and the transition to a new economy

Summary

• "The U.S. went through a remarkable structural transformation between 1800 and 2000. In 1800 the majority of people worked in agriculture. Barely anyone did by 2000. What caused the rapid demise of agriculture in the economy? The analysis here concentrates on the development of new consumer goods associated with technological progress. The introduction of new goods into the framework lessens the need to rely on satiation points, subsistence levels of consumption, and the like. The analysis suggests that between 1800 and 2000 economic welfare grew by at least 1.5 percent a year, and maybe as much as 10 percent annually, the exact number depending upon the metric preferred"--National Bureau of Economic Research web site.

Names

• Greenwood, Jeremy, 1953-
• Uysal, Gokce
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2004.

Headings

• -  Consumer goods--United States--History
• -  Industrialization--United States--History
• -  New products--United States--History
• -  Technological innovations--United States--History

Notes

• -  Title from PDF file as viewed on 1/11/2005.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005615393
• http://papers.nber.org/papers/W10793 External

Library of Congress Control Number

• 2005615393

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2005615393

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record