We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
TEMPORARY SHOCKS AND PERSISTENT EFFECTS IN URBAN ECONOMIES: EVIDENCE FROM BRITISH CITIES AFTER THE U.S. CIVIL WAR.
- Authors
Hanlon, W. Walker
- Abstract
Can a temporary economic shock to an important local industry influence long-run city population? To answer this question I study the large temporary shock to British cities caused by the U.S. CivilWar (1861-1865), which reduced cotton supplies to Britain's important cotton textile industry. I show that this event temporarily reduced the growth rate of cities specializing in cotton textile production, relative to other English cities, and led to a persistent change in the level of city population.
- Subjects
UNITED Kingdom; UNITED States; ECONOMIC conditions in Great Britain; UNITED States economy; COTTON textile industry; INTERNATIONAL economic relations
- Publication
Review of Economics & Statistics, 2017, Vol 99, Issue 1, p67
- ISSN
0034-6535
- Publication type
Article
- DOI
10.1162/REST_a_00621