Capital in the Nineteenth Century - Couverture souple

Gallman, Robert E.; Rhode, Paul W.; Goldin, Claudia

 
9780226821030: Capital in the Nineteenth Century
Couverture souple
ISBN 10 : 022682103X ISBN 13 : 9780226821030
Editeur : University of Chicago Press, 2022

Synopsis

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.

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À propos de l'auteur

Robert E. Gallman (1926-98) was the Kenan Professor of Economics and History at the University of North Carolina, Chapel Hill. Paul W. Rhode is professor of economics at the University of Michigan and a research associate at the NBER.

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Éditeur
University of Chicago Press
Date d'édition
2022
Langue
anglais
ISBN 10 
022682103X
ISBN 13 
9780226821030
Reliure
Broché
Nombre de pages
399
Coordonnées du fabricant
non disponible
Personne responsable
non disponible

Autres éditions populaires du même titre

9780226633114: Capital in the Nineteenth Century

Edition présentée

ISBN 10 :  022663311X ISBN 13 :  9780226633114
Editeur : University of Chicago Press, 2019
Couverture rigide