Hornbeck, Richard

Growth Off the Rails: Aggregate Productivity Growth in Distorted Economies - Journal of Political Economy 2024 - 3547-3602

We examine aggregate economic gains in the United States as the railroad network expanded in the nineteenth century. Using data from the Census of Manufactures, we estimate relative increases in county aggregate productivity from relative increases in cou

0022-3808


Aggregate Productivity Growth
Distorted Economies
Railroad Network
Total Factor Productivity (TFPR)
Rails