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Western Settlement and the Price of Wheat, 1872-1913

Bibliographic Data

ID4789120
AuthorsC Knick Harley (corresponding author)
Year1978
Volume38
Issue4
Pages865-878
Publication date1978-12-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic History (JOURNAL)
Journal identifiersISSN: 0022-0507 • E-ISSN: 1471-6372
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050700087131
OpenAlexW2147507173
LanguageEN
Citations received8
References cited6

The expansion of staple agriculture into the American West after the Civil War was an important event in the economic history of both the United States and the world. This migration of commercial farmers transformed the world's commodity markets. We would expect to find that these farmers were responding to price signals in a commercial fashion. Curiously, the existing literature has failed to detect a price responsiveness in western expansion. This failure appears to stem from a lack of appreciation of the importance of the spatial distribution of prices in the late nineteenth century. This study shows that when this factor is considered, the expansion of western cultivation clearly is connected to the prevailing local price of wheat

Agricultural economics · Agriculture · Ancient history · Archaeology · Commodity · Distribution (mathematics) · Economics · Economy · First world war · Geography · Market economy · Settlement (finance) · World War II · Economics of Agriculture and Food Markets · Finance · Historical Economic and Social Studies · History

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    Open Access•Michael Percy, Michael B Percy et al.•Explorations in Economic History•1987

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    Open Access•Frank D Lewis•The Journal of Economic History•1981

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    Open Access•B Cayli•Journal of Agrarian Change•2018

  • Regional Specialization and the Supply of Wheat in the United States, 1867-1914

    Franklin M Fisher, Peter Temin•The Review of Economics and…•1970

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    Robert Higgs•The Review of Economics and…•1971

  • Rational Expectations in American Agriculture, 1867-1914

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  • The Farmer's Last Frontier

    Everett E Edwards, Fred A Shannon•The Journal of Southern History•1946

  • The Price of Wheat Since 1867

    Thorstein Veblen, Thorstein B Veblen•Journal of Political Economy•1892

  • From Prairie to Corn Belt

    Fred W Kohlmeyer, Allan G Bogue•Technology and Culture•1964

Citations per year0.18
Citation span1981 - 2021 (41)
Highly citedNo

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