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The Institutional Framework
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19th century acceleration Adapted agricultural American Economic Growth antebellum anthracite iron areas average banks British Cambridge canals capital formation Civil colonists commodities costs currency decades decline demand early national period economic growth Economic History Engerman England estimates expansion Explorations in Economic exports factor farm farmers fertility finance Fogel foreign higher immigration impact important improvements income per capita indentured servants industry investment Journal of Economic labor force land major manufacturing ment migration modern economic growth money supply natural increase Nineteenth Century nomic North output percent Peter Temin population growth Princeton productivity advance railroads rapid growth rapidly rate of growth rate of return ratio regions relative reserve ratio Robert Fogel sector settlement share shift social savings Source South specie Stanley Engerman tariffs taxes terms of trade tion tobacco transportation trend United University Press urban wages wealth workers York