The Peculiar Productivity History of American Blast Furnaces, 1840–1913
- 1 September 1977
- journal article
- research article
- Published by Cambridge University Press (CUP) in The Journal of Economic History
- Vol. 37 (3) , 605-633
- https://doi.org/10.1017/s0022050700095401
Abstract
This paper measures the growth and relative levels of total factor productivity in the American, British, French, Belgian, and German mineral fuel pig iron industries from 1840 to 1909. The American history was peculiar in that there was little productivity growth betwen 1840 and 1870 and then rapid growth until 1890. Regression models are developed to identify the techniques responsible for the American advance. Much of the American experience is explained by changes in the composition of the available iron ores. An assessment of the international transferability of late-nineteenth-century blast furnace technology is offered.Keywords
This publication has 3 references indexed in Scilit:
- Principles of the Manufacture of Iron and SteelPublished by Cambridge University Press (CUP) ,2010
- Exact and superlative index numbersPublished by Elsevier ,2002
- The Economic History of Steel-making, 1867-1939.The Economic Journal, 1941