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Harvests and Business Cycles in Nineteenth-Century America

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NBER2009-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14686
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Most major American industrial business cycles from around 1880 to the First World War were caused by fluctuations in the size of the cotton harvest due to economically exogenous factors such as weather. Wheat and corn harvests did not affect industrial production; nor did the cotton harvest before
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2009-01-01
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