Capital Destruction and Economic Growth: The Effects of Sherman's March, 1850-1920
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https://www.nber.org/papers/w25392
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资源简介：
Using General William Shermans 186465 military march through Georgia, South Carolina, and North Carolina during the American Civil War, this paper studies the effect of capital destruction on medium and long-run local economic activity, and the role of financial markets in the recovery process. We
提供机构：
美国国家经济研究局
创建时间：
2018-12-01
