Capital Mobilization and Southern Industry, 1880-1905
The Case of the Carolina Piedmont
Bibliographic Data
| ID | 4926985 |
|---|---|
| Authors | David L Carlton (Vanderbilt University), Peter A Coclanis (University of North Carolina at Chapel Hill) |
| Year | 1989 |
| Volume | 49 |
| Issue | 1 |
| Pages | 73-94 |
| Publication date | 1989-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic History (JOURNAL) |
| Journal identifiers | ISSN: 0022-0507 • E-ISSN: 1471-6372 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022050700007348 |
| OpenAlex | W2161716541 |
| Language | EN |
| Citations received | 4 |
| References cited | 47 |
As the American South commenced its modern industrialization in the late nineteenth century, it found itself handicapped not simply by its poverty, but also by its lack of institutionalized means for mobilizing investment capital for manufacturing. Using evidence from the first major southern manufacturing region, the Carolina Piedmont, we argue that the resulting high information and transactions costs forced industrial promoters to rely heavily upon small, local investors who preferred safety to innovation. As a result, southern manufacturing firms were hampered in their flexibility, and southern industrial structure was skewed toward mature industries with little developmental potential
Archaeology · Business · Capital (architecture) · Economic geography · Economics · Economy · Flexibility (engineering) · Geography · Industrialisation · Investment (military) · Management · Manufacturing · Market economy · Mobilization · Political science · South carolina · Historical Economic and Social Studies · International Business and FDI · Italy: Economic History and Contemporary Issues · Marketing
Old South, New South
American economic history.
One Kind of Freedom
Broadlooms and Businessmen
International Investment and International Trade in the Product Cycle
The Visible Hand
Branches Without Roots
Many Excellent People
The Southern Country Store
Job Analysis and Historical Productivities in the American Cotton Textile Industry
Enterprising Elite
Proprietary Capitalism
Frontiers of Change
The Shadow of a Dream
Origins of Small Business Metal Fabricators and Machinery Makers in New England, 1890-1957
Capital in Manufacturing and Mining
A Deplorable Scarcity
Many Excellent People
Branches without Roots
The Bright Tobacco Industry, 1860-1929
Lowells of the South
The Role of the Cotton Textile Industry in the Economic Development of the American Southeast
Slavery, the Supply of Agricultural Labor, and the Industrialization of the South
Mill and Town in South Carolina, 1880-1920
A Portrait Cast in Steel
New England Textiles in the Nineteenth Century
Dynamics of Ascent
The Political Economy of the Cotton South
The Rise of Cotton Mills in the South
Structural Shifts in Southern Manufacturing, 1849–1899
Financing Illinois Industry, 1830–1890
Stock Ownership in the Early New England Textile Industry
The Rise of a Market for Industrial Securities, 1887-1902
The Investment Market, 1870-1914
Financial Underdevelopment in the Postbellum South
Economic Development in the Philadelphia Region, 1810-1850
The Diffusion and Location of Technological Change in the American Cotton-Textile Industry, 1890-1970
A Deplorable Scarcity
Enterprising Elite
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,17 |
| Citation span | 2003 - 2025 (23) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 4 |