Author:
Coelho Philip R. P.,Shepherd James F.
Abstract
The purpose of this paper is to examine cost-of-living differences among the various regions of the United States during a thirty-year interval of the nineteenth century. We do this by constructing regional price indexes for the years 1851–1880 using two different base years for pur calculations, 1860 and 1880. The results indicate that the cost of living differed substantially among regions, and specifically that it was lower in the American Midwest than in the East. Although one might have expected these differences among regions to narrow as regional and national markets developed and improved, we find no evidence that they did during this thirty-year period.
Publisher
Cambridge University Press (CUP)
Subject
Economics, Econometrics and Finance (miscellaneous),Economics and Econometrics,History
Reference47 articles.
1. A Note on Bread Prices in London and Glasgow, 1788–1815
2. “British Prices and Business Cycles, 1779–1850,”;Review of Economic Statistics,1923
Cited by
55 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献