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Capital in the Nineteenth Century$
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Robert E. Gallman and Paul W. Rhode

Print publication date: 2020

Print ISBN-13: 9780226633114

Published to Chicago Scholarship Online: September 2020

DOI: 10.7208/chicago/9780226633251.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 02 August 2021

Gallman’s Core Capital Stock Data

Gallman’s Core Capital Stock Data

(p.18) Chapter Two Gallman’s Core Capital Stock Data
Capital in the Nineteenth Century

Robert E. Gallman

Paul W. Rhode

University of Chicago Press

The chapter presents Gallman’s core data on the capital stock from 1774 to 1900. The data include the current-price series, the constant-price (in 1860 dollars) series, and the implicit price deflators that link the two capital stock series. The chapter provides the break-down of the capital stock by economic sector and by type (structures, equipment, inventories). The chapter describes the path of capital accumulation.

Keywords:   Capital Stock, Price of Capital, Wealth, Real Estate, Capital Accumulation

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