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来源类型Working Paper
规范类型报告
DOI10.3386/w17879
来源IDWorking Paper 17879
Engines of Growth: Farm Tractors and Twentieth-Century U.S. Economic Welfare
Richard H. Steckel; William J. White
发表日期2012-03-01
出版年2012
语种英语
摘要The role of twentieth-century agricultural mechanization in changing the productivity, employment opportunities, and appearance of rural America has long been appreciated. Less attention has been paid to the impact made by farm tractors, combines, and associated equipment on the standard of living of the U.S. population as a whole. This paper demonstrates, through use of a detailed counterfactual analysis, that mechanization in the production of farm products increased GDP by more than 8.0 percent, using 1954 as a base year. This result suggests that studying individual innovations can significantly increase our understanding of the nature of economic growth.
主题History ; Other History ; Development and Growth ; Innovation and R& ; D ; Environmental and Resource Economics ; Agriculture
URLhttps://www.nber.org/papers/w17879
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/575554
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Richard H. Steckel,William J. White. Engines of Growth: Farm Tractors and Twentieth-Century U.S. Economic Welfare. 2012.
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