Economies of Scale in Nineteenth Century American Manufacturing Revisited: A Resolution of the Entrepreneurial Labor Input Problem
NBER Working Paper No. 19147
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This is a draft of a paper to be presented at the NBER conference on “Enterprising America: Businesses, Banks, and Credit Markets in Historical Perspective” to be held at Vanderbilt University, Nashville TN, in December 2013. Comments from Jeremy Atack, Stanley Engerman, and Ian Keay are gratefully acknowledged. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.