Railroads and American Economic Growth

E431730

"Railroads and American Economic Growth" is a landmark economic history study by Robert Fogel that uses quantitative methods to reassess the impact of railroads on 19th-century U.S. economic development.

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Railroads and American Economic Growth canonical 1

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Predicate Object
instanceOf book
economic history study
academicDiscipline economic history
economics
author Robert Fogel NERFINISHED
Robert William Fogel NERFINISHED
citationType classic work in cliometrics
landmark study in economic history
conclusion alternative transportation networks could have substituted for railroads at relatively low cost
railroads were less essential to 19th-century U.S. economic growth than traditionally believed
countryOfOrigin United States of America
surface form: United States
fieldOfStudy American history
economic development
transportation economics
genre economic history
quantitative history
hasKeyConcept cost-benefit analysis of transportation innovations
counterfactual transportation network
marginal contribution of railroads to GDP
social savings of railroads
hasPerspective emphasis on measurable economic costs and benefits
neoclassical economic framework
impact challenged traditional narratives about railroads as the primary engine of U.S. industrialization
stimulated methodological debates in economic history
influenced debates on the role of infrastructure in economic growth
development of cliometric approaches in economic history
language English
mainSubject 19th-century United States economy
American economic history
cliometrics
economic growth
railroads
methodology counterfactual analysis
quantitative methods
social savings calculation
notableFor quantitative reassessment of the impact of railroads on U.S. economic development
use of counterfactual analysis in economic history
placeOfPublication Baltimore NERFINISHED
publisher Johns Hopkins University Press NERFINISHED
relatedTo Nobel Memorial Prize in Economic Sciences awarded to Robert Fogel NERFINISHED
timePeriodDescribed 19th century
antebellum United States NERFINISHED
post-Civil War United States

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Robert Fogel notableWork Railroads and American Economic Growth