A New Balance of Payments for the United States, 1790–1919 - Lawrence H. Officer

A New Balance of Payments for the United States, 1790–1919

International Movement of Free and Enslaved People, Funds, Goods and Services
Buch | Hardcover
XXXIII, 415 Seiten
2021 | 1st ed. 2021
Springer International Publishing (Verlag)
978-3-030-66098-7 (ISBN)
128,39 inkl. MwSt

This book develops new balance of payments statistics for the United States from 1790 to 1919, before official statistics were kept. Part I of this book justifies construction of a new balance of payments table, and Chapter 1 surveys existing tables from that standpoint. Chapter 2 shows how this book overcomes the limitations of Office of Business Economics and its North-Simon-Goldsmith foundation. Specific features are highlighted, including measurement decisions, improvement of OBE series, development of new series, and derived implications for the structure of the US economy and for the importance of individual sectors that loom large at various times: slave trade, shipping, manufacturing, and travel. The book then generates new time series of the movement of people, the movement of goods, the movement of funds, and the provision of services. Part VI puts the new balance of payments table to use in several ways: aggregates and balances within the table, structure of the US economy, and specific sectors of the economy (slave trade, shipping, manufacturing, travel). Finally, Part VII provides concluding comments.


lt;p>Lawrence H. Officer is Professor of Economics at the University of Illinois at Chicago, USA.  

Part I. WHY A NEW BALANCE OF PAYMENTS.- Chapter 1. Existing Historical Balance of Payments: A Survey.- Chapter 2. New Balance of Payments: Features and Implications.- Part II. MOVEMENT OF PEOPLE.- Chapter 3. Free People: Oceanic and Overland.- Chapter 4. Slaves: Oceanic.- Chapter 5. Passengers: Domestic.- Part III. MOVEMENT OF GOODS.- Chapter 6. Merchandise Exports.- Chapter 7. Merchandise Imports.- Chapter 8. Gold and Silver.- Chapter 9. Ships and Slaves.- Part IV. MOVEMENT OF FUNDS.- Chapter 10. Unilateral Transfers.- Chapter 11. Capital.- Chapter 12. Income.- Part V. PROVISION OF SERVICES.- Chapter 13. Transportation.- Chapter 14. Travel.- Chapter 15. Fares.- Chapter 16. Financial.- Chapter 17. Military and Slaves.- Part VI. IMPLICATIONS.- Chapter 18. Aggregates and Balances.- Chapter 19. Structure.- Chapter 20. Sectors.- Part VII. CONCLUSIONS.- Chapter 21. Concluding Comments.

"This book provides a definitive treatment of the U.S balance of payments 1790-1919. ... The book is a major contribution to U. S economic history. ... the book is a monumental effort and its mastery of disparate sources puts it on a par with classics such as Lebergott (1964). It will surely stimulate further research." (John Devereux, EH Net, eh.net, May, 2022)

“This book provides a definitive treatment of the U.S balance of payments 1790–1919. … The book is a major contribution to U. S economic history. … the book is a monumental effort and its mastery of disparate sources puts it on a par with classics such as Lebergott (1964). It will surely stimulate further research.” (John Devereux, EH Net, eh.net, May, 2022)

Erscheinungsdatum
Reihe/Serie Palgrave Studies in American Economic History
Zusatzinfo XXXIII, 415 p. 1 illus.
Verlagsort Cham
Sprache englisch
Maße 148 x 210 mm
Gewicht 714 g
Themenwelt Geisteswissenschaften Geschichte Regional- / Ländergeschichte
Geschichte Teilgebiete der Geschichte Wirtschaftsgeschichte
Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre Makroökonomie
Schlagworte Balance of Payments Statistics • Historical Statistics of the United States • International Economics • the slave trade • Trade • US economic history • us history
ISBN-10 3-030-66098-2 / 3030660982
ISBN-13 978-3-030-66098-7 / 9783030660987
Zustand Neuware
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