Biological Innovation And Productivity Growth In The Antebellum Cotton Economy

Source: National Bureau of Economic Research

Favorite

Free registration required

The Cliometrics literature on slave efficiency has generally focused on static questions. The authors take a decidedly more dynamic approach. Drawing on the records of 142 plantations with 509 crops years, they show that the average daily cotton picking rate increased about four-fold between 1801 and 1862. They argue that the development and diffusion of new cotton varieties were the primary sources of the increased efficiency. These finding have broad implications for understanding the South's preeminence in the world cotton market, the pace of westward expansion, and the importance of indigenous technological innovation.
Format:PDF Size:643.45
Date:Jun 2008