The Use and Abuse of Prior Information in Econometric History: A Rejoinder to Professor Williamson on the Antebellum Cotton Textile Industry

Paul David

The Journal of Economic History, 1972, vol. 32, issue 3, 706-727

Abstract: Jeffrey Williamson's provocative discussion opens up a range of questions that surely will be of concern to students of industrial growth in the antebellum United States. Three distinct empirical prongs are advanced by his probing critique of my study of the nature and implications of the production function characterizing the manufacture of powerloom cotton cloth.

Date: 1972
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