Gaining Steam: Incumbent Lock-in and Entrant Leapfrogging
收藏NBER2024-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w32384
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资源简介：
We examine the long transition from water to steam power in US manufacturing, focusing on early users of mechanical power: lumber and flour mills. Digitizing Census of Manufactures manuscripts for 1850 to 1880, we show that as steam costs declined, manufacturing activity grew faster in counties with
提供机构：
美国国家经济研究局
创建时间：
2024-04-01
