bluuebunny/crossref_metadata_2025 huggingface dataset:
Contract Labor, Sugar, and Technology in the Nineteenth Century
Authors: Engerman Stanley L.
Published: September 2009

Throughout the world for most of the nineteenth century cane sugar was produced on plantations, most frequently with either slave labor or, after slavery was ended, with contract laborers brought in from other low-income countries. This paper details the diverse sources and recipients of nineteenth-century contract labor movements, relating them to political and economic factors. Shifts in the ethnic composition of the plantation labor force are indicated. Late nineteenth- century transitions in the nature of sugar production are noted, and questions raised about their implications for the study of the relations between institutional and technological changes.
Patterns of Cotton Agriculture in Post-Bellum Georgia
Authors: Temin Peter
Published: September 2009

This paper reexamines the well-known increase in cotton production in the postbellum American South, revealing a rather less well understood pattern. The shift to cotton was confined to the Piedmont area of Georgia and South Carolina; it was not a phenomenon of the entire South. The changes in cotton production between 1860 and 1880 followed patterns quite different from those shown in an analysis of 1880 alone. And the 1880 pattern is best explained by the racial composition of the inhabitants, as noted originally by DeCanio, not the tenure variables emphasized in much of the existing literature.
Extensive versus Intensive Agricultural Development: Induced Public Investment in Southeast Asia, 1900–1940
Authors: Feeny David
Published: September 2009

Kikuchi and Hayami found that irrigation investments were undertaken in East and Southeast Asia when the costs of increasing output through irrigating were lower than through bringing more land under cultivation. In Thailand, however, despite the lower costs of irrigation, the investments were postponed for several decades. The delay was due to a divergence between national security and economic development goals and to a conflict of private versus public interests. The results highlight the importance of the returns to decision makers in determining the amount and timing of public investments.
Interest Rates and Foreign Capital in Egypt Under British Occupation
Authors: Hansen Bent
Published: September 2009

My archival studies in Egyptian banks reveal that nominal interest rates charged by foreign financial capital in Egypt fell strongly as compared with European rates throughout the period 1882–1914. Interest differentials declined by 2 to 2 ½ percent. This is explained by the increasing confidence of European investors with British occupation and policies. To explain the large inflow of financial capital after 1900 a sharp decline in real interest rates, related to the upsurge of agricultural prices, is posited. The case offers interesting parallels to present-day problems of excessive indebtedness in Third World countries.
Labor for the Picking: the New Deal in the South
Authors: Whatley Warren C.
Published: September 2009

During the Great Depression of the 1930s southern landlords began to replace sharetenants and mules with wage laborers and large-scale preharvest machinery. Informed observers in the 1920s did not expect this to happen until the advent of the mechanical cotton picker, which came after World War I. This paper presents evidence supporting the claim that the AAA policies of the 1930s, and the economic depression they were designed to cure, induced this tenant displacement by increasing the asset value of land rights without securing tenants a share right, and by relaxing the harvest labor constraint that had previously impeded mechanization.
Inheritance Laws Across Colonies: Causes and Consequences
Authors: Alston Lee J. , Schapiro Morton Owen
Published: September 2009

We examine in this paper both the causes and consequences of inheritance laws in the colonies. We argue that the continuation of intestate inheritance laws over the colonial period was due in part to their compatibility with economic efficiency. In the North, multigeniture helped motivate family labor, whereas the passive acceptance of the British inheritance system of primogeniture in the South rested on its promotion of large plantations that could capture economies of scale. In terms of effects, a strong bequest motive in the colonies adopting multigeniture reduced the variability in demographic experiences across colonies with different inheritance systems.
The Economic Theory of Sharecropping in Early Modern France
Authors: Hoffman Philip T.
Published: September 2009

This paper uses a simple economic model of contract choice to explain the growth of sharecropping in sixteenth- and seventeenth-century France—a topic that figures in much of the social and economic history of the period. The theory turns out to fit both qualitative and quantitative evidence, and although the results are as yet only preliminary, the theory does provide a better account of the spread of sharecropping than the explanations upon which early modern historians have tended to rely.
The Political Allocation of Mineral Rights: A Re–Evaluation of Teapot Dome
Authors: Libecap Gary D.
Published: September 2009

This paper re–examines the naval reserve oil leases issued by Interior Secretary Fall in 1922 that led to the Teapot Dome controversy. The analysis shows that the leases were the only efficient oil rights arrangement on federal lands through 1930. They were superior to either the naval oil storage policy practiced prior to 1922 or to the general leasing practices found on other federal land. Nevertheless, they were attacked by conservation groups and small oil firms and cancelled in 1922. To explain the opposition to the leases, this paper examines interagency and interest group rivalries for control of federal land. During the period preceding Teapot Dome, the federal government began withholding title to vast tracts of land, and issues of agency jurisdiction and interest group access had not been resolved. The paper concludes that Teapot Dome had little to do with oil conservation and more to do with settling jurisdictional disputes over federal land. The Teapot Dome controversy led to the establishment of the Federal Oil Conservation Board.
The Impact of Agricultural Research in British India
Authors: Pray Carl E.
Published: September 2009

This paper attempts to answer three questions. How much did agricultural research contribute to agricultural growth in British India? Was its limited impact due to too little investment or inefficient allocation of research resources? Could more research have led to a “Green Revolution” in foodgrain production? Available data indicate that the impact of research was small and that more should have been invested in research. The evidence suggests, however, that larger investments in foodgrain research would not have resulted in a Green Revolution in British India.
Money Statistics of New England, 1785–1837
Authors: Van Fenstermaker J. , Filer John E. , Herren Robert Stanley
Published: September 2009

This paper brings together the existing commercial bank balance sheets for New England for the period 1785–1837. Approximately 79 percent of all balance sheets issued have been found, and data from these are presented in aggregated form. Data compiled from available statements were then used to estimate the balance sheets of missing banks and the missing items on individual balance sheets. The variables used in estimating included authorized capital stock, a time trend, age of bank, city population, paid-in capital, deposits, loans and discounts, bank notes in circulation, and reserves. The actual and estimated balance sheets are then combined and presented.
Langdon Cheves and the Panic of 1819: A Reassessment
Authors: Perkins Edwin J.
Published: September 2009

Langdon Cheves's role as president of the Second Bank of the United States (1819–1822) warrants reassessment. First, he did not save the bank from threatened failure, since it was, in truth, already sound. Second, he was irresponsible in accumulating huge excess reserves during the depression year of 1820; reserves estimated here as sufficient to support an increase of up to 17 percent in the volume of notes and deposits in the U.S. money supply.
Investment in Fixed and Working Capital During Early Industrialization: Evidence from U. S. Manufacturing Firms
Authors: Sokoloff Kenneth L.
Published: September 2009

This paper utilizes a survey of U. S. manufacturing firms from 1832 to investigate the structure of manufacturing investment during early industrialization. The relative magnitudes of investments in fixed and working capital, and how they varied with firm size, location, and industry, are documented. This variation across industries in the composition of capital investments is indicative of a more general variation in factor intensities, and bears on the issues of why industries became concentrated in the regions they did, and the degrees to which they were adversely affected by the limited availability of long–term loans. Evidence that most manufacturing industries had quite modest investments in machinery and tools per unit of labor is also presented, serving to undercut the notion that the early period of industrialization was based on a proliferation of new, machinery–intensive technologies.
The Decline of the British Economy: An Institutional Perspective
Authors: Elbaum Bernard , Lazonick William
Published: September 2009

This paper attributes the relative decline of the British economy in the twentieth century to rigidities in its economic and social institutions that had developed during the nineteenth-century era of relatively atomistic competition. Inherited and persistent constraints impeded British firms from acquiring the market control, authority in labor relations, or managerial hierarchy necessary to avail themselves fully of modern mass production methods. At the societal level there was an interrelated failure to transform the character of British educational and financial institutions, labor-management relations, and state policy in order to promote economic development. By performing better in these respects lateindustrializing countries were able to surpass Britain in economic growth.
Technological Change as Historical Process: The Case of the U.S. Pulp and Paper Industry, 1915–1940
Authors: Cohen Avi J.
Published: September 2009

Technological changes in the U.S. pulp and paper industry between 1915 and 1940 are chronicled, and three patterns—evolutionary bias, output-increasing innovation in response to technological disequilibria, and differences in the timing of innovations between the 1920s and 1930s—are identified and explained by means of a theoretical framework for induced innovation. The framework conceptualizes technological change as a means for growth-seeking firms to overcome barriers to accumulation and provides a general explanation of induced innovation that is situated in historical time.
The Merger Movement in Banking, 1919–1933
Authors: White Eugene Nelson
Published: September 2009

The merger movement between the First World War and the Great Depression played an important role in the evolution of the American banking industry. The first complete statistical series on mergers is presented and the factors that contributed to the merger are analyzed.
Technological Change in a Society in Transition: Work in Progress on a Unified Reference Work in Early American Patent History
Authors: MacMurray Robert R.
Published: September 2009

Fire destroyed the Patent Office on December 15, 1836. From the ensuing actions by the Congress and Commissioner, it is possible to create a comprehensive and accurate description of the scope and level of technology and changes therein, as the United States transformed itself into an industrial society. This paper reports the progress made toward that description (in the form of a unified reference work), illustrates some uses of the data, and suggests other uses of the final version in expanding understanding of the processes of sociocultural change, particularly those of capitalist development.
Wealth and Migration in Massachusetts and Maine: 1771–1798
Authors: Adams John W. , Kasakoff Alice Bee
Published: September 2009

We use a genealogical data base to question the idea that the frontier was a “safety valve” for Americans in the years of the founding of the republic. Our findings about the relative wealth of members of nine families show how the frontier affected their migration patterns. We find that it was the middle class, not the poor, who seemed to make best use of the opportunity of the frontier.
Vertical Integration in the British Cotton Industry, 1825–1850: a Revision
Authors: Lyons John S.
Published: September 2009

The paper examines changes in the organization of the British cotton industry from 1825 to 1850 in its core region of Lancashire and northeast Cheshire, using new data to delineate patterns of integration, specialization, and the adoption of new technology. The industry is usually assumed to have progressed from a rather specialized structure in 1825 to a highly integrated structure in 1850; much of the literature is devoted to explaining this trend. No such trend occurred, however, and the explanations are incorrect. An alternative view, focusing on technical change and profitability in spinning and weaving, is outlined briefly.
Interest Rates in the Civil War South
Authors: Davis George K. , Pecquet Gary M.
Published: September 2009

Interest rates in the Civil War South were quite stable and even declined a bit during the war. In this article we explain the mechanism that produced this puzzling result. The existence of a fixed-rate call certificate redeemable at par anchored interest rates expressed in terms of Confederate dollars. When expressed in terms of gold, they were volatile, high, and reflected war events.
A New Monthly Index of Industrial Production, 1884–1940
Authors: Miron Jeffrey A. , Romer Christina D.
Published: September 2009

The article derives a new monthly index of industrial production for the United States for 1884 to 1940. This index improves upon existing measures of industrial production by excluding indirect proxies for industrial activity, using only component series that are consistent over time, and not making ad hoc adjustments to the data. Analysis of the new index shows that it has more within-year volatility than conventional indexes, has relatively unimportant seasonal fluctuations, and has cyclical turning points that are grossly similar to but subtly different from existing series.
Fifty Years of Coal-mining Productivity: The Record of the British Coal Industry before 1939
Authors: Greasley David
Published: September 2009

A downward trend in British coal-mining productivity was reversed between the world wars. Declining productivity before 1914 was accompanied by wide regional differences, especially at the coalface. Scotland attained the best overall. productivity, while coalface productivity was highest in Durham and Northumberland. Regional differences narrowed by the 1920s but re-emerged in the 1930s, as mines in the North Midlands outpaced the productivity gains made elsewhere. Only a multifaceted interpretation can explain these distinctive patterns—over time, between regions, and at different stages of the coal-mining operation.
A Quantitative History of the Journal of Economc History and the Cliometric Revolution
Authors: Whaples Robert
Published: September 2009

What do economic historians do? I analyze quantitatively The Journal of Economic History's contents since its founding, showing subfields, nations, and periods studied, and which scholars and universities have contributed. The timing, extent, and participants of the cliometric revolution are investigated. New rankings of economic history programs are made.
Unemployment, employment contracts, and compensating wage differentials: michigan in the 1890s
Authors: Hatton Timothy J. , Williamson Jeffrey G.
Published: September 2009

Surveys taken by the Michigan Bureau of Labor and Industrial Statistics in the 1890s reveal that unemployment was pervasive among unskilled workers. The incidence of unemployment was not associated with personal characteristics, but rather with the type of employment contract and job: those with high risk of layoff commanded a wage premium. Seasonality is an important part of this late nineteenth-century story, and the subsequent demise of seasonal activities may have had an important impact on the evolution of labor market institutions.
An Evolutionary Explanation for Competitive Decline: The British Shipbuilding Industry, 1890–1970
Authors: Lorenz Edward H.
Published: September 2009

British shipbuilding enjoyed undisputed international supremacy between 1890 and 1914. Following a gradual loss of world market share during the interwar years, Britain sustained an absolute decline in output between 1948 and 1970. European shipbuilding expanded at an unprecedented rate after World War II. This article attributes Britain's dramatic competitive decline in part to management's uncertaintly about the need to reform work administration methods during the decade or so following world War II, and in part to lack of trust between labor and management, which resulted in a failure of cooperation over proposed institutional reform between 1958 and 1965.
Heights and Living Standards of English Workers During the Early Years of Industrializations, 1770–1815
Authors: Nicholas Stephen , Steckel Richard H.
Published: September 2009

We employed data on the heights of English and Irish male convicts transported to Australia to assess the living standards of workers between 1770 and 1815. Falling heights of urban-and rural-born males after 1780 and a delayed growth spurt for 13- to 23-year-old boys revealed declining living standards among English workers during the Industrial Revolution. This conclusion was supported by the fall in English workers' heights relative to that of convicts transported from Ireland. Significant urban-rural and regional variations in English living standards were revealed by using regression techniques.
British Abolition and its Impact on Slave Prices Along the Atlantic Coast of Africa, 1783–1850
Authors: Lovejoy Paul E. , Richardson David
Published: September 2009

This article challenges the widely held view that slave prices in Africa fell substantially and permanently after Britain abolished its slave trade in 1807. Examination of slave-price data shows that, when allowance is made for movements in prices of trade goods bartered for slaves, real slave prices fell sharply between 1807 and 1820 but that the fall was confined to West Africa. In West Central Africa prices remained steady before 1820. Thereafter, prices rose strongly in both areas, and between 1830 and 1850 prices were generally close to the levels reached between 1783 and 1807, the height of the Atlantic slave trade.
Evidence of Surplus Production in the Cherokee Nation Prior to Removal
Authors: Wishart David M.
Published: September 2009

Debate over the level of economic development for the Eastern Cherokees was heated during the 1830s. Removal opponents argued that the Cherokees had adopted white agricultural methods, whereas advocates of removal maintained that little evidence of progress existed. Removal advocates believed that Cherokee economic progress required that they be removed from contact with whites. This article examines the statistical record to show that a majority of Cherokee households produced surplus food before removal. The large number of Cherokee households producing surpluses before removal suggests the existence of significant rents to be transmitted to white farmers via the removal policy.
Causes and Consequences of American Minimum Wage Legislation, 1911–1947
Authors: Seltzer Andrew
Published: September 2009

Although in the last two decades there have been literally hundreds of studies of postwar minimum wage legislation, there have been but a handful of studies of the first federal minimum wage, the Fair Labor Standards Act of 1938 (FLSA), and no studies of the state laws that preceded it.1My dissertation attempts to bridge this gap by examining the political economy and effects of early American minimum wage legislation.
Reassessing Technological Backwardness: Absolving The “Silly Little Bobtailed” Coal Car
Authors: Vleck Va Nee L. Van
Published: September 2009

Rarely are judgements of entrepreneurial failure and technological backwardness rendered as harshly as when they are rendered upon Britain in the early 1900s.1 The use of old technologies in manufacturing and transportation are claimed to have locked Britain onto a lower growth path than would have followed if new technologies had been used instead. Technological backwardness, it has been said, was a shackle and Britain lagged behind because of it.2Thorstein Veblen made this argument and marshalled a specific example: “silly little bobtailed carriages [railway wagons].”3In my dissertation I argue that the small coal wagons were not technologically backward, as Veblen and others since have claimed.
Comments on Brinkley, Costa, and Seltzer: The Old, the Poor, and the Sick in American Economic History
Authors: Craig Lee A.
Published: September 2009

Given the topics addressed by the three North American dissertations–old-age and disability pensions by Dora Costa, minimum wages by Andrew Seltzer, and hookworm disease by Garland Brinkley–I have subtitled my comments: “The Old, the Poor, and the Sick in American Economic History.” We observe that these dissertations address the effects of policies aimed at such seemingly inescapable human afflictions as aging, disability, poverty, and disease. Despite this observation, these are not tales of gloom. After all, as the authors themselves inform us, the old and disabled get pensions, the poor get minimum wages, and the sick get healed. So, each dissertation contains something to reassure the Dr. Pangloss–or the Dr. Stigler–in all of us. Here, however, the similarities between them end, with one notable exception–and that is the uniformly high quality of the scholarship they display.
Supplanting the Roots of Southern Populism: The Contours of Political Protest in the Georgia Hills
Authors: Kantor Shawn Everett
Published: September 2009

Steven Hahn, in his influential bookThe Roots of Southern Populism, viewed Populism in the Georgia Up-country as the culmination of a long-standing protest against the economic and social effects of commercialization in regions that were relatively isolated prior to the Civil War. In developing his explanation for the rise of Populism, Hahn emphasized the close relationship between voting for Populism in the 1890s and voting to keep the range open in the 1880s. The traditional agricultural practice in the South through the Civil War was to allow animals to roam the countryside freely and to force farmers to erect fences around their crops.
In Search of Stock Market Bubbles: A Comment on Rappoport and White
Authors: Liu Tung , Santoni Gray J. , Stone Courtenay C.
Published: September 2009

In a recent article in this JOURNAL, Peter Rappoport and Eugene N. White (hereafter R-W) conclude that, “while there is still room for skepticism [of the presence of a bubble in the boom and bust stock market of 1928/29], the traditional accounts of a bubble in the market cannot be so easily dismissed”.1 Their conclusion is not based on econometric evidence for a stock market bubble per Se. Instead, it is based solely on their interpretation of the widening spread between the interest rates on brokers’ loans (call and time loans collateralized by stocks and bonds) and other money market interest rates in 1928 and 1929.
Fertility, Marriage, and Culture: Demographic Processes Among Norwegian Immigrants to the Rural Middle West
Authors: Gjerde Jon , McCants Anne
Published: September 2009

The image of the “backward” immigrant has enjoyed a prominent place in American history, in large part because of the perceived “non-American” fertility behavior of many immigrant groups. The European perspective on these migrants, however, has been to see them as innovators, breaking free from the demographic constraints of the Old World. Drawing upon a large sample of reconstituted Norwegian immigrant families, this article examines the rising and then declining fertility of this group over the second half of the nineteenth century. It concludes that their fertility experience was influenced both by cultural tenacity and economic opportunity.
Why Isn't the Whole World Developed?
Authors: Easterlin Richard A.
Published: September 2009

The worldwide spread of modern economic growth has depended chiefly on the diffusion of a body of knowledge concerning new production techniques. The acquisition and application of this knowledge by different countries has been governed largely by whether their populations have acquired traits and motivations associated with formal schooling. To judge from the historical experience of the world's twenty-five largest nations, the establishment and expansion of formal schooling has depended in large part on political conditions and ideological influences. The limited spread of modern economic growth before World War II has thus been due, at bottom, to important political and ideological differences throughout the world that affected the timing of the establishment and expansion of mass schooling. Since World War II there has been growing uniformity among the nations of the world, modern education systems have been established almost everywhere, and the spread of modern economic growth has noticeably accelerated.
Competition, Specialization, and Industrial Decline
Authors: Lazonick William
Published: September 2009

The technological backwardness of the British cotton industry in the first six decades of this century was due primarily to the structure of industrial organization, characterized by intense competition and specialization, that had developed in the nineteenth century when the industry had no serious international competitors. But with the rise of corporate economies, particularly in Japan and the United States, this structure of industrial organization rendered British cotton managers powerless to create the corporate structures required to meet this challenge. Britain's decline was due to the failure of its managers to create conditions for new profitable opportunities by altering the constraints that they faced.
Regulation, Property Rights, and Definition of “The Market”: Law and the American Economy
Authors: Scheiber Harry N.
Published: September 2009

This article identifies four problems in the recent interdisciplinary studies of property rights, law, and economic development in the nineteenth-century United States. First, recent studies stress too exclusively the positive functions of law in either the “release of entrepreneurial energy” or the exploitative allocation of advantages (by courts and legislatures) to the business interests leading industrialization. Second, the dichotomy between alleged “instrumentalism” as the prevailing judicial style before 1860 and “formalism” after 1865 has been exaggerated. Third, generalizations have been based too much on the eastern states and Wisconsin. Fourth, there has been a failure to identify accurately the winners and losers in the struggle over regulation and the definition of property rights. Thus, although rediscovery of the importance of institutions by economists and the renaissance of legal history among historians and legal scholars constitute welcome (converging) developments in recent scholarship, much more research is needed on these main themes in the literature.
Government Policy and Economic Development in Germany and Japan: A Skeptical Reevaluation
Authors: Tipton Frank B.
Published: September 2009

Recent studies, when taken together, suggest that the bureaucratic elites of nineteenth-century Germany and Japan were much less successful in stimulating economic development than has been traditionally asserted. Direct government investment was neither extensive nor successful. Government-sponsored institutional change, notably in financial structures, had little if any beneficial impact. Development in both nations resulted from the gradual emergence of a commercial culture, and on world factors exogenous to government policy. The bureaucratic elites failed to adjust to changed circumstances, instead leading both nations into disastrous wars. These results call into question development strategies based on central government control.
Russian Tariffs and Foreign Industries before 1914: The German Entrepreneur's Perspective
Authors: Kirchner Walther
Published: September 2009

The present study dealing with Russia and Germany undertakes to investigate the practical effect of tariffs on business and entrepreneur rather than the oft-discussed role of tariffs in international politics. Evidence from German industrial archives demonstrates that businesses were less concerned with tariff issues than one might expect from firms depending on exports. It shows that impediments other than customs duties (expenditures for credit, service, freight, investment, marketing; and competition, restrictions imposed on government orders, subventions, production costs abroad, technological changes) by far overshadowed inhibiting effects of tariffs. Circumspect responses of the entrepreneur helped to minimize the economic role tariffs played.
Farm Settlement on the Canadian Prairies, 1898 to 1911
Authors: Lewis Frank D.
Published: September 2009

This paper offers a new interpretation of Canadian Prairie settlement during the “wheat boom” period. Rather than use a Nerlovian model on which most recent work has been based, I develop a method of simulating the extension of the feasible region of cultivation: the area on which farming is profitable. The model is applied to a wheat-growing district of Saskatchewan that experienced rapid settlement from 1898 to 1911. Comparisons of the actual area of cultivation with the simulated feasible region indicate that settlers responded quickly to changes in the profitability of wheat farming. I also find that the extension of rail lines and the increase in mean wheat yields accounts for nearly all of the increase in the feasible region.
The Significance of Unaccounted Currencies
Authors: Timberlake Richard H.
Published: September 2009

This paper uses numismatic sources to estimate the volume of unaccounted currency issued during the middle two quarters of the nineteenth century. “Unaccounted currency” includes any currency issued by private business firms and by municipal and state governments. This money, unlike state bank notes and deposits and federal government currencies, was issued illegally, and not recorded in conventional statistical sources. Exact quantification, therefore, is next to impossible. The principal significance of this phenomenon is the credibility it gives to private competitive issues of money.
An Economic Model of Voting Behaviour over Specific Issues at the Constitutional Convention of 1787
Authors: McGuire Robert A. , Ohsfeldt Robert L.
Published: September 2009

Despite hundreds of studies of the influence of economic interests on the formation of the U.S. Constitution, no consensus has been reached. Our study of the Constitutional Convention differs from previous ones by offering an explicit theoretical model of delegates' voting behavior and employing multivariate statistical techniques. We extend our earlier work by analyzing new information on constituents' economic interests and ideology. Further our econometric results on individual roll-call votes strongly suggest delegates who owned slaves or represented slaveowning constituents were more likely to oppose issues favoring a national form of government.
Biased Technical Change, Scale, and Factor Substitution in American Industry, 1850–1919
Authors: Cain Louis P. , Paterson Donald G.
Published: September 2009

Biased technical change, scale economies, and factor substitution were part of U.S. manufacturing's technical response to factor price movements during the period 1850 to 1919. In this article we employ the cost dual of a Generalized Leontief production function to test directly for the presence of these three effects for nineteen two-digit manufacturing sectors. Biased technical change is found in all but one sector; scale economies in all but two; factor substitutability, in all but five. Estimates of scale and bias effects for labor, capital, and materials are presented by sector, and the results are compared with other recent work.
Non-Balanced Growth and Kondratieff Waves in the World Economy, 1850–1913
Authors: Solomou Solomos
Published: September 2009

During 1850–1913 the growth of the world economy was not steady. The observed variations are described with the phrase “G-waves.” In contrast to Kondratieff long waves, G-waves lack a regular periodicity and amplitude.
Catching Up, Forging Ahead, and Falling Behind
Authors: Abramovitz Moses
Published: September 2009

A widely entertained hypothesis holds that, in comparisons among countries, productivity growth rates tend to vary inversely with productivity levels. A century of experience in a group of presently industrialized countries supports this hypothesis and the convergence of productivity levels it implies. The rate of convergence, however, varied from period to period and showed marked strength only during the first quarter-century following World War II. The general process of convergence was also accompanied by dramatic shifts in countries' productivity rankings. The paper extends the simple catch-up hypothesis to rationalize the fluctuating strength of the process and explores the connections between convergence itself and the relative success of early leaders and latecomers.
Prices and Wages in Maryland, 1750–1850
Authors: Adams Donald R.
Published: September 2009

This article presents an analysis of empirical research on the course of agricultural prices and wages in Maryland over the century 1750 to 1850. An attempt has been made to present the data in a form comparable to other studies for other regions. In addition to the long-term movement of price and wage series the paper focuses on the use of these data to draw inferences on changes in the standard of living and productivity growth.
Southern Agrarian Labor Contracts as Impediments to Cotton Mechanization
Authors: Whatley Warren C.
Published: September 2009

The traditional view of cotton mechanization, first advanced by rural sociologists in the 1920s, is that southern agrarian institutions impeded progress. Recently their view has been questioned. New studies attribute much of the southern lag to factors like small-scale production, cheap labor, the cotton crop, and environment. I contribute to the debate by emphasizing how the structure of the southern economy encouraged landlords to use annual labor contracts that hindered attempts to mechanize. I present evidence that supports the traditional view and suggest how the incentive structure of annual labor contracts delayed invention of the mechanical cotton picker.
Interest Rates and Crowding-Out During Britain's Industrial Revolution
Authors: Heim Carol E. , Mirowski Philip
Published: September 2009

Available evidence on interest rates and government borrowing during Britain's industrial revolution, while limited, does not support the idea that war spending crowded out private investment. This article demonstrates the importance of using data on net receipts from borrowing, rather than changes in government debt. Weaknesses of the crowding-out model concerning capital markets and investment, openness of the economy, and full employment are identified for the historical case. The case raises broader issues of whether conceptions of saving and investment based in neoclassical supply-constrained models are as appropriate as theories of capital accumulation.
Mass Production and the U.S. Tire Industry
Authors: Nelson Daniel
Published: September 2009

The study of mass production has been strongly influenced in recent years by two dissimilar bodies of work—that of Alfred D. Chandler and that of Harry Braverman and others who argue that mass production helped managers “deskill” and “control” industrial workers. The history of the U.S. tire industry between 1910 and 1930 underlines the value of Chandler's analysis and the limited applicability of the deskilling and control hypotheses.
Tontine Insurance and the Armstrong Investigation: A Case of Stifled Innovation, 1868–1905
Authors: Ransom Roger L. , Sutch Richard
Published: September 2009

Tontine insurance, introduced in 1868, combined the features of life insurance with an unusual old-age saving plan. A portion of the annual premium was accumulated in a fund that was divided among the surviving policyholders after twenty years. By 1905, two-thirds of all life insurance in force was of this type. Despite consumer appeal, sales of tontine policies were prohibited in 1906 after the Armstrong Investigation charged the tontine business with corruption and extravagance. We argue that tontine insurance was actuarially sound and an attractive life-cycle investment. Prohibition was probably unnecessary.
The Growth of Wages in Antebellum America: New Evidence
Authors: Margo Robert A. , Villaflor Georgia C.
Published: September 2009

The records of the United States Army, which hired civilian workers in the nineteenth century, have produced a large sample of wage rates. New estimates of nominal daily wage rates from 1820 to 1856 are presented. There is no evidence of a long-term increase in the skill differential. The growth of real wages in the Northeast appears to have been slower and more erratic than previously thought. Regional trends in wages are consistent with other evidence on patterns of regional growth and internal migration.
The Political Economy of Segregation: The Case of Segregated Streetcars
Authors: Roback Jennifer
Published: September 2009

The introduction of segregation laws for municipal streetcars is examined. The economics of private and public segregation is analyzed first, taking note of the particular features of the streetcar industry, followed by a discussion of the contemporary debates on streetcar segregation laws in a number of southern cities. The evidence presented suggests that segregation laws were binding constraints and not simply the codification of customary practice. Furthermore, the streetcar companies were not the initiators of segregation and sometimes actively resisted it. These findings are related to several major interpretations of the origins of segregation.
Industrialization and Regional Inequality: Wages in Britain, 1760–1914
Authors: Hunt E. H.
Published: September 2009

This paper describes the geographical pattern of wages in Britain between 1760 and 1914. It then draws out some of the implications of the wages pattern and considers, in particular, the implications for the “growth pole” debate on the likely effect of industrialization upon regional income inequalities. The market forces responsible for creating and maintaining these differentials are then described, followed by a final section which discsusses the significance of changing regional wage differentials to the standar-of-living debate. It concludes that from a regional perspective the overall effects of industrialization upon living standards are indisputably favorable.
Invisible Handshakes in Lancashire: Cotton Spinning in the First Half of the Nineteenth Century
Authors: Huberman Michael
Published: September 2009

In Lancashire cotton spinning in the heyday of laissez-faire capitalism the labor market did not operate as an auction market. Evidence on piece-rate flexibility, length of tenure, and seniority is consistent with Okun's contract approach. Both workers and firms incurred initial set-up costs. Workers wanted to protect their initial investments in training, and firms, faced with a labor supply that varied in reliability and regularity, had a desire to cover initial hiring and tryout costs. The need to maintain long-term attachments had implications for wage and employment adjustment and the age structure of the labor force.
The Growth of Population in Eighteenth-Century England: A Critical Reappraisal
Authors: Razzell Peter
Published: September 2009

Population growth in eighteenth-century England was due mainly to a fall in mortality, which was particularly marked during the first half of the century. The fall affected all socioeconomic groups and does not appear to have occurred for primarily economic reasons. In addition to an explanation involving the introduction of smallpox inoculation, the major hypothesis considered in this article is that the significant improvement in domestic hygiene associated with the rebuilding of housing in brick and tile brought about a major reduction in mortality.
Institutional Change, Compensating Differentials, and Accident Risk in American Railroding, 1892–1945
Authors: Kim Seung-Wook , Fishback Price V.
Published: September 2009

The labor markets in the railroad industry went through extensive institutional changes between 1890 and 1945. Federal laws increased railroad employers' liability for workplace accidents in several stages. Unions expanded to cover more occupations. The federal government set railroad wages during World War I and then mediated and arbitrated a large number of collective bargaining disputes between 1920 and 1945. We examine how these changes in institutions affected compensating differentials for fatal and nonfatal accident risk. The increasing role of unionization and government intervention coincided with a decline in the size of compensating differentials.
Conscience – An Essay in Moral Psychology
Authors: Lyons William
Published: September 2009

The ultimate aim of this essay is to suggest that conscience is a very important part of human psychology and of our moral point of view, not something that can be dismissed as merely ‘a part of Christian theology’. The essay begins with discussions of what might be regarded as the two most influential functional models of conscience, the classical Christian account of conscience and the Freudian account of conscience. Then, using some insights from these models, and from some comparatively recent work in psychology and especially psychiatry, the author argues for a quite different model of conscience that might be called the personal integrity account of conscience.
Immortality and Meaning: Reflections on the Makropulos Debate
Authors: Burley Mikel
Published: September 2009

This article reflects upon the debate, initiated by Bernard Williams in 1973, concerning the desirability of immortality, where the latter expression is taken to mean endless bodily life as a human or humanoid being. Williams contends that it cannot be desirable; others have disputed this contention. I discuss a recent response from Timothy Chappell and attempt to pinpoint the central disagreement between Chappell and Williams. I propose that neither side in the debate has firm grounds for its claims, and then proceed to consider four reasons for suspecting that the whole debate has yet to be placed on a conceptually coherent footing.
Contours and Barriers: What Is It to Draw the Limits of Moral Language?
Authors: Agam-Segal Reshef
Published: September 2009

Does language limit the moral thoughts we can have? To answer that, I distinguish between two kinds of limits: (1) Boundaries or barriers fence things out. Identification and erection of linguistic barriers, defines, diagnoses, or places restrictions on what language can in principle grasp or be, and often involves abstraction from actual linguistic behavior. This is typically preformed by remarks I call ‘theses’; (2) Contours or outlines give real-life portrayals. Drawing the contours of a linguistic activity involves a certain attention to reality: to detail and particularity (‘Was this greeting contrived or genuine?’), and we typically draw contours by using remarks I call ‘helpers’. I examine the possibility that confusion can be diagnosed in Sabina Lovibond's attempt to apply the idea that moral language has necessary boundaries, and explain the alternative of drawing linguistic contours. I then examine Richard Rorty's position according to which the fact that we can shape our language indicates that the boundaries of language do not encompass all possible sense, and compare Rorty's discussion with Sarah Bachelard's discussion of euthanasia. My claim here is that trying to improve on the language we have might be part of drawing its contours, rather than redefining its boundaries. The discussion reveals a difference between two kinds of contour drawing, and thus between two kinds of helpers: ones that help to draw the contours of the actuality of linguistic activities, and ones that help to draw the contours of their potentiality. Finally, I argue that the value of drawing contours instead of barriers is that the former better reveal the fact that we care about our ways of making sense.
FLORISTIC AND VEGETATIONAL ASPECTS OF AN INSELBERG IN THE SEMI-ARID REGION OF NORTHEAST BRAZIL
Authors: Gomes P. , Alves M.
Published: September 2009

Inselbergs are rocky environments that support a unique flora distinct from that of the surrounding area. The objectives of this work were to conduct a floristic inventory of an inselberg in the semi-arid region of Northeast Brazil, and to investigate the relationship between its flora and the flora of the surrounding area. The following questions were addressed: is the species richness comparable to other inselbergs in northeastern Brazil; is the floristic composition of the inselberg more similar to other inselbergs or to the surrounding Caatinga vegetation; and do the similarities in the floristic composition of inselbergs depend on the distance between them? This work documents 201 species in 62 families. Cyperaceae (28 spp.), Euphorbiaceae (19), Poaceae (15), Orchidaceae (11) and Bromeliaceae (9) are the most species-rich families. On the inselberg the plants are distributed in islands found on exposed rock, in fissures and in depressions in the rock. Variations in species richness in the region were assessed by comparison of floristic inventories conducted in other inselbergs of the semi-arid region with those of this study. The flora of the inselberg under investigation is more similar to the flora of other nearby inselbergs than to the vegetation of the surrounding semi-arid region.
REVIEW OF THE GENUS STICHONEURON (STEMONACEAE)
Authors: Inthachub P. , Vajrodaya S. , Duyfjes B. E. E.
Published: September 2009

The genus Stichoneuron (Stemonaceae) with five species is revised. Three new species are described: Stichoneuron calcicola Inthachub, S. halabalensis Inthachub, and S. bognerianum Duyfjes. A key to the species, distribution map and descriptions are provided.
HENCKELIA SECTION LOXOCARPUS (GESNERIACEAE) IN PENINSULAR MALAYSIA
Authors: Banka R. A. , Kiew R.
Published: September 2009

Of the 25 species presently named in Henckelia sect. Loxocarpus (Gesneriaceae), 10 occur in Peninsular Malaysia (with one species extending into Peninsular Thailand), 12 in Borneo, two in Sumatra and one in Lingga (Indonesia). One species from Peninsular Malaysia is excluded from the section. A key to species in Peninsular Malaysia is provided, together with descriptions and distributions. Three new species are described: Henckelia anthonysamyi Banka, H. sekayuensis Banka & Kiew and H. sericiflava Kiew & Banka. All Peninsular Malaysian species are endemic, many narrowly so – eight are presently known from just one or two localities.