Book/Printed Material The impact of the civil war on capital intensity and labor productivity in southern manufacturing

Title

• The impact of the civil war on capital intensity and labor productivity in southern manufacturing

Summary

• "The Civil War resulted in a substantial divergence in the regional structure of factor prices. In particular, wages fell in the South relative to the non-South, but interest rates and other measures of the costs of capital increased. Using archival data for manufacturing establishments, we show that capital-output and capital-labor ratios in southern manufacturing declined relative to non-southern manufacturing after the War, precisely in the direction implied by the regional shifts in factor prices. Labor productivity in Southern manufacturing also declined, but this decline is explained by the reduction in capital intensity"--National Bureau of Economic Research web site.

Names

• Hutchinson, William Kenneth, 1945-
• Margo, Robert A. (Robert Andrew), 1954-
• National Bureau of Economic Research

Created / Published

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

Headings

• -  Capital intensity--Southern States
• -  Labor productivity--Southern States
• -  Manufacturing industries--Southern States
• -  Southern States--Economic conditions--19th century
• -  United States--History--Civil War, 1861-1865--Economic aspects

Notes

• -  Title from PDF file as viewed on 1/18/2005.
• -  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.2005615599
• http://papers.nber.org/papers/w10886 External

Library of Congress Control Number

• 2005615599

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2005615599

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record