Capital in the nineteenth century
著者
書誌事項
Capital in the nineteenth century
（NBER series on long-term factors in economic development / editors, Robert W. Fogel and Clayne L. Pope）
The University of Chicago Press, 2022
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注記
References: p. [359]-373
Index: p. [375]-381
内容説明・目次
内容説明
Gives permanence and context to Gallman's influential economic research on growth theory.
When we think about history, we often think about people, events, ideas, and revolutions, but what about the numbers? What do the data tell us about what was, what is, and how things changed over time? Economist Robert E. Gallman (1926-98) gathered extensive data on US capital stock and created a legacy that has, until now, been difficult for researchers to access and appraise in its entirety.
Gallman measured American capital stock from a range of perspectives, viewing it as the accumulation of income saved and invested, and as an input into the production process. He used the level and change in the capital stock as proxy measures for long-run economic performance. Analyzing data in this way from the end of the US colonial period to the turn of the twentieth century, Gallman placed our knowledge of the long nineteenth century-the period during which the United States began to experience per capita income growth and became a global economic leader-on a strong empirical foundation. Gallman's research was painstaking and his analysis meticulous, but he did not publish the material backing to his findings in his lifetime. Here Paul W. Rhode completes this project, giving permanence to a great economist's insights and craftsmanship. Gallman's data speak to the role of capital in the economy, which lies at the heart of many of the most pressing issues today.
目次
Foreword
Preface
Chapter 1. Robert Gallman's Capital Stock Project
Chapter 2. Gallman's Core Capital Stock Data
Chapter 3. The United States Capital Stock, 1840-1900
Chapter 4. Capital and American Economic Growth, 1774-1980
Chapter 5. Gallman's Annual Product Series, 1834-1909
Chapter 6. Investment Flows and Capital Stocks
Chapter 7. Agriculture
Chapter 8. Mining and Manufacturing
Chapter 9. Nonfarm Real Estate and Trade
Chapter 10. Transportation
Chapter 11. Communication and Electric Utilities
Chapter 12. Inventories
Chapter 13. Consumer Durables
Chapter 14. Wealth in the Colonial and Early National Periods
Chapter 15. Wrapping Up
Notes
References
Index
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