Capital in Manufacturing and Mining : : Its Formation and Financing / / Daniel Barnett Creamer, Sergei B. Dobrovolsky, Israel Borenstein.

• Superior document: Title is part of eBook package: De Gruyter Princeton Legacy Lib. eBook Package 1931-1979
• VerfasserIn: Creamer, Daniel Barnett,; Borenstein, Israel,; Dobrovolsky, Sergei B.,
• MitwirkendeR: Borenstein, Israel,; Creamer, Daniel,; Dobrovolsky, Sergei,; Kuznets, Simon,
• Place / Publishing House: Princeton, NJ : : Princeton University Press, , [2015]; ©1960
• Year of Publication: 2015
• Language: English
• Series: Princeton Legacy Library ; 1922
• Physical Description: 1 online resource (400 p.)

In this volume in the NBER series on capital formation and financing, the authors show, with supporting figures, two major trends in mining and manufacturing. The first is that this sector had a rate of growth significantly higher than that of the economy as a whole. The total capital assets of this sector increased fifteenfold from 1880 to 1948, while the total stock of all tangible wealth in the United States increased only about sixfold. The second trend is a marked diversity among industries in the rate of growth over the period and in the time pattern of that rate. The authors advance a number of explanatory hypotheses about the significance of their findings.Originally published in 1960.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Table of Contents

Frontmatter -- Contents -- Acknowledgments -- Introduction -- Part I. Capital and Output Trends in Manufacturing and Mining -- Chapter I. The Measurement of Manufacturing and Mining Growth -- Chapter II. Long-Term Growth of Capital in Manufacturing and Mining -- Chapter III. Trends in Capital-Output Ratios -- Chapter IV. Trends in Ratios of Fixed and Working Capital to Output -- Chapter V. Some Relationships Bearing on Changes in the Capital-Output Ratios -- Part II. Long-Term Trends in Capital Financing -- Chapter VI. Internal and External Financing -- Chapter VII. Debt and Equity Financing -- Part III. Appendixes A, B, And C -- A. Notes on Estimates of Capital, Output and Employment in Manufacturing, 1880-1953 -- B. Notes On Estimates of Capital, Output and Employment in Mining, 1870-1953 -- C. Financial Series: Notes and Supporting Tables -- Index