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Heterogeneous Paths Of Industrialization, Federico Huneeus, Richard Rogerson Aug 2020

Heterogeneous Paths Of Industrialization, Federico Huneeus, Richard Rogerson

Cowles Foundation Discussion Papers

Industrialization experiences differ significantly across countries. We use a benchmark model of structural change to shed light on the sources of this heterogeneity and, in particular, the phenomenon of premature deindustrialization. Our analysis leads to three key findings. First, benchmark models of structural change robustly generate hump-shaped patterns for the evolution of the manufacturing sector. Second, heterogeneous patterns of catch-up in sectoral productivities across countries can generate variation in industrialization experiences similar to those found in the data, including premature deindustrialization. Third, differences in the rate of agricultural productivity growth across economies can account for a large share of the …


From Fields To Factories: The Industrialization Of The United States’ Cattle Industry, Joseph Petersen May 2020

From Fields To Factories: The Industrialization Of The United States’ Cattle Industry, Joseph Petersen

History | Senior Theses

This paper will look at the changes of the United States of America's cattle and beef industry from the 19th into the 21st century. It will also show how the industry has evolved into its current state and predict the changes to come. This paper will be evaluating how technology and equipment have changed the traditional farming and ranch lifestyles. While also breaking down the economies from pre-industrial times into modern day. This paper will also explore the effect that technology, equipment, ranching styles, labor and financial changes had on the cattle and beef industry. Finally, this paper will prove …