World Demand for Cotton during the Nineteenth Century: Wright's Estimates Re-examined
1979 ◽
Vol 39
(4)
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pp. 1015-1021
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A low rate of growth of world demand for cotton figures prominently in recent attempts to understand the post-bellum retardation of the southern economy. Gavin Wright, especially, stresses this factor in several articles and a recent book.1 Using-sophisticated regression techniques to estimate the rate of growth of demand for American cotton during both the ante- and post-bellum eras and the magnitude of the change in the rate between them, Wright finds a decline of more than two thirds. Such an occurrence could hardly have helped the South make a prompt recovery from the Civil War.
1975 ◽
Vol 35
(3)
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pp. 526-551
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2019 ◽
Vol 18
(03)
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pp. 324-348
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2020 ◽
Vol 2020
(10-4)
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pp. 4-14
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