Tomeki

Industrialization and urbanization

Industrialization and urbanization

did the steam engine contribute to the growth of cities in the United States?

By Sukkoo Kim

0 (0 Ratings)
0 Want to read0 Currently reading0 Have read

Publish Date

2005

Publisher

National Bureau of Economic Research

Language

eng

Pages

-

Description:

"Industrialization and urbanization are seen as interdependent processes of modern economic development. However, the exact nature of their causal relationship is still open to considerable debate. This paper uses firm-level data from the manuscripts of the decennial censuses between 1850 and 1880 to examine whether the adoption of the steam engine as the primary power source by manufacturers during industrialization contributed to urbanization. While the data indicate that steam-powered firms were more likely to locate in urban areas than water-powered firms, the adoption of the steam engine did not contribute substantially to urbanization"--National Bureau of Economic Research web site.