The U.S. Westward Expansion
Guillaume Vandenbroucke
No 4, Economie d'Avant Garde Research Reports from Economie d'Avant Garde
Abstract:
Some facts characterizing the U.S. economic development in the 19th century are: (i) the westward movement of population; (ii) the accumulation of productive land; and (iii) the wage gap in favor of the West. An overlapping-generations model is developed, to account for these facts. The model's novelty is the presence of a fixed amount of land, initially unsuitable for production, but that can be improved. Historical evidence on productivity in land-improvement activities is used to calibrate the model's parameters. The model accounts for the regional distribution of population and the path of the stock of developed land. The main factor driving the Westward Expansion is population growth. International immigration is found to contribute little to the opening of the West.
Keywords: westward expansion; land-improvement; migration (search for similar items in EconPapers)
JEL-codes: E1 J1 O1 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2003-06, Revised 2004-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
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Related works:
Journal Article: THE U.S. WESTWARD EXPANSION (2008)
Working Paper: The U.S. Westward Expansion (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:eag:rereps:4
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