Railroads as an Economic Force in American Development

@article{Jenks1944RailroadsAA,
  title={Railroads as an Economic Force in American Development},
  author={Leland Hamilton Jenks},
  journal={The Journal of Economic History},
  year={1944},
  volume={4},
  pages={1 - 20}
}
  • L. H. Jenks
  • Published 1 May 1944
  • Economics
  • The Journal of Economic History
Any attempt to discuss the way in which railroads have promoted the rise of the American economy must assume some theory of economic evolution. The following analysis is based upon Schumpeter's theory of innovations. Briefly this theory holds that economic evolution in capitalistic society is started by innovation in some production function, that is, by new combinations of the factors in the economic process. These innovations may center in new commodities or new services, new types of… 

A Quantitative Approach to the Study of Railroads in American Economic Growth: A Report of Some Preliminary Findings

  • R. Fogel
  • Economics, History
    The Journal of Economic History
  • 1962
Leland Jenks's article describing the pervasive impact of the railroad on the American economy first as an idea, then as a construction enterprise, and finally as a purveyor of cheap transportation,

Railroads and American Economic Growth

  • M. Nerlove
  • Economics, History
    The Journal of Economic History
  • 1966
In his classic paper on the significance of railroads to American economic development, Leland Jenks distinguished three principal avenues of influence: (1) The railroad was what Jenks called an

RAILROADIZATION AS SCHUMPETER'S STANDARD CASE: AN EVOLUTIONARY-ECOLOGICAL ACCOUNT

In his 1939 book Business Cycles, Schumpeter declared that the railroad and its consequences for the economic system is the standard example of his analysis of capitalist evolution. This paper

Transport development and regional economic growth in northeastern British Columbia

The topic of this thesis is the relationship between transportation modes and regional economic development. The objective is to determine the influence of the mode on the pattern of development. The

The Coming of the Railway and United Kingdom Economic Growth

According to W. W. Rostow, “the introduction of the railroad has been historically the most powerful single initiator of take-offs,” having “three major kinds of impact on economic growth during the

Railroads, factor channelling and increasing returns: Cleveland and the emergence of the American manufacturing belt

American Manufacturing Belt (AMB) emergence has been used by NEG theorists as a prime example of how increasing returns foster industrial concentration. Other studies suggest the AMB was in place

The Dynamics of Industrial Growth in the Old Northwest, 1830-70: An Interdisciplinary Approach

Historians have customarily talked about the economic development of the Old Northwest in the middle years of the 19th century within an agrarian framework. 1 Though the Jeffersonian image has been

Leading sectors, lead economies, and economic growth

In the literature on international political economy, some approaches to long-term economic growth and global political-economic leadership assume the intermittent presence of a singular lead

Indispensable Railroads in a Backward Economy: The Case of Mexico

  • J. Coatsworth
  • Economics, History
    The Journal of Economic History
  • 1979
The contribution of railroads to economic growth in the nineteenth century depended on two critical variables: unit savings in transport costs the railroads made possible and the quantity of

From Head-Loading to the Iron Horse. Railway Building in Colonial Ghana and the Origins of Tropical Development

International development has its origins in the histories of nineteenth and early twentieth century European colonisation. What happens when a leading colonial power decides to transform a model
...

References

SHOWING 1-10 OF 28 REFERENCES

Capitalism, Socialism and Democracy

Explores the relation between a socialist view of society and the democratic method of government; argues that socialism is probably inevitable, for political rather than economic reasons. The book

Leadership In A Free Society

The period 1890-1940 marks the first systematic attempt to analyze and understand how commercial organizations function. Prior to this period, most attention had been focused on inputs into business

The General Theory of Employment, Interest and Money.

Part I. Introduction: 1. The general theory 2. The postulates of the classical economics 3. The principle of effective demand Part II. Definitions and Ideas: 4. The choice of units 5. Expectation as

Business and Capitalism

During the month of June the Society will send to its members Business and Capitalism by Professor N. S. B. Gras.

Management and the Worker

Part I I. Introduction II. Planning the Relay Assembly Test Room III. Experiment with Rest Pauses IV. Experiment with Shorter Working Days and Weeks V. Testing the Fatigue and Monotony Hypotheses VI.

The investor pays