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来源类型Working Paper
规范类型报告
DOI10.3386/w15520
来源IDWorking Paper 15520
Agricultural Improvements and Access to Rail Transportation: The American Midwest as a Test Case, 1850-1860
Jeremy Atack; Robert A. Margo
发表日期2009-11-12
出版年2009
语种英语
摘要During the 1850s, land in U.S. farms surged by more than 100 million acres while almost 50 million acres of land were transformed from their raw, natural state into productive farmland. The time and expense of transforming this land into a productive resource represented a significant fraction of domestic capital formation at the time and was an important contributor to American economic growth. Even more impressive, however, was the fact that almost half of these total net additions to cropland occurred in just seven Midwestern states which comprised barely less than one-eighth of the land area of the country at that time. Using a new GIS-based transportation database linked to county-level census, we estimate that at least a quarter (and possibly two-thirds or more) of this increase can be linked directly to the coming of the railroad to the region. Farmers responded to the shrinking transportation wedge and rising revenue productivity by rapidly expanding the area under cultivation and these changes, in turn, drove rising farm and land values.
主题History ; Other History
URLhttps://www.nber.org/papers/w15520
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/573196
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Jeremy Atack,Robert A. Margo. Agricultural Improvements and Access to Rail Transportation: The American Midwest as a Test Case, 1850-1860. 2009.
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