Wealth in the Colonial and Early National Periods
Wealth in the Colonial and Early National Periods
The chapter documents Gallman’s procedures to estimate the US capital stock and wealth levels over the colonial and early national periods. It compares his estimates and procedures to those of earlier scholars. It links his series for the pre-1840 period to his census-based estimates for the period from 1840 on.
Keywords: Capital Stock, Wealth, Colonial Period, Early National Period, Land Improvements
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