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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

Communication and Electric Utilities

Communication and Electric Utilities

(p.254) Chapter Eleven Communication and Electric Utilities
Capital in the Nineteenth Century

Robert E. Gallman

Paul W. Rhode

University of Chicago Press

This chapter details Gallman’s estimation of the current value and constant (1860) value capital stock on a decadal basis from 1840 to 1900 for Communication and Electric Utilities. These include Telegraphs, Telephones, and Electric Light and Power. These estimates involve the use of perpetual inventory methods and confront the problems of dealing with new goods.

Keywords:   Capital Stock, New Goods, Communication Sector, Electric Utility Sector, Telegraphs, Telephones, Electric Light and Power

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