Research Catalog
How did the United States become a net exporter of manufactured goods? / Douglas A. Irwin.
- Title
- How did the United States become a net exporter of manufactured goods? / Douglas A. Irwin.
- Author
- Irwin, Douglas A., 1962-
- Publication
- Cambridge, MA : National Bureau of Economic Research, c2000.
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| Status | Format | Access | Call Number | Item Location |
|---|---|---|---|---|
| Text | Request in advance | HF1414.4 .I7 | Off-site |
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Details
- Additional Authors
- National Bureau of Economic Research
- Description
- 38 p. : ill.; 22 cm.
- Summary
- The United States became a net exporter of manufactured goods around 1910 after a dramatic surge in iron and steel exports began in the mid-1890s. This paper argues that natural resource abundance fueled the expansion of iron and steel exports in part by enabling a sharp reduction in the price of U.S. exports relative to other competitors. The commercial exploitation of the Mesabi iron ore range, for example, reduced domestic ore prices by 60 percent in the mid-1890s and was equivalent to nearly 30 years of industry productivity growth in its effect on iron and steel export prices. The results are consistent with Wright's (1990) finding that U.S. manufactured exports were natural resource intensive at this time and have implications for recent work suggesting that resource abundance may be a curse rather than a blessing for economic development.
- Series Statement
- NBER working paper series ; working paper 7638
- Uniform Title
- Working paper series (National Bureau of Economic Research) working paper no. 7638.
- Alternative Title
- How did the U.S. become a net exporter of manufactured goods?
- Subject
- 1900-1999
- Exports > United States > History > 20th century
- Manufactures > History > United States > 20th century
- Steel industry and trade > United States > History > 20th century
- Iron industry and trade > United States > History > 20th century
- Nonrenewable natural resources > United States > History > 20th century
- Comparative advantage (International trade)
- Balance of trade > United States > History > 20th century
- Genre/Form
- History
- Note
- "April 2000."
- Bibliography (note)
- Includes bibliographical references (p.36-38).
- Additional Formats (note)
- Also available in PDF from the NBER world wide web site (www.nber.org).
- Processing Action (note)
- committed to retain
- OCLC
- 43907440
- SCSB-11310613
- Owning Institutions
- Harvard Library