New balance of payments for the United States, 1790-1919 : international movement of free and enslaved people, funds, goods and services / Lawrence H. Officer.
Officer, Lawrence H., author.
2021
HG3883.U6
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Title New balance of payments for the United States, 1790-1919 : international movement of free and enslaved people, funds, goods and services / Lawrence H. Officer.
Author Officer, Lawrence H., author.
ISBN 9783030660994 (electronic bk.)
3030660990 (electronic bk.)
3030660982
9783030660987
DOI https://doi.org/10.1007/978-3-030-66099-4
Published Cham, Switzerland : Palgrave Macmillan, 2021.
Language English
Description 1 online resource : illustrations
Other Standard Identifiers 10.1007/978-3-030-66099-4 doi
Call Number HG3883.U6
Dewey Decimal Classification 382.170973
Summary This book develops new balance of payments statistics for the United States from 1790 to 1919, before official statistics were kept. Part I of this book justifies construction of a new balance of payments table, and Chapter 1 surveys existing tables from that standpoint. Chapter 2 shows how this book overcomes the limitations of Office of Business Economics and its North-Simon-Goldsmith foundation. Specific features are highlighted, including measurement decisions, improvement of OBE series, development of new series, and derived implications for the structure of the US economy and for the importance of individual sectors that loom large at various times: slave trade, shipping, manufacturing, and travel. The book then generates new time series of the movement of people, the movement of goods, the movement of funds, and the provision of services. Part VI puts the new balance of payments table to use in several ways: aggregates and balances within the table, structure of the US economy, and specific sectors of the economy (slave trade, shipping, manufacturing, travel). Finally, Part VII provides concluding comments. Lawrence H. Officer is Professor of Economics at the University of Illinois at Chicago, USA.
Bibliography, etc. Note Includes bibliographical references and indexes.
Access Note Access limited to authorized users.
Series Palgrave studies in American economic history.
Available in Other Form Print version: 9783030660987
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Part I. Why a new balance of payments. Existing Historical Balance of Payments: A Survey ; New Balance of Payments: Features and Implications
Part II. Movement of people. Free People: Oceanic and Overland ; Slaves: Oceanic ; Passengers: Domestic
Part III. Movement of goods. Merchandise Exports ; Merchandise Imports ; Gold and Silver ; Ships and Slaves
Part IV. Movement of funds. Unilateral Transfers ; Capital
; Income
Part V. Provision of services. Transportation ; Travel ; Fares ; Financial ; Military and Slaves
Part VI. Implications. Aggregates and Balances ; Structure ; Sectors
Part VII. Conclusions.

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